XJO 0.55% 7,629.0 s&p/asx 200

Weekend Charting and chat

  1. 3,727 Posts.
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    Where are all the gifted cranker initiators ? We've seen some very talented, erudite and humorous contributors over the years, but the humor seems to have vanished , its all business these days. Maybe those days might return, but for the moment its all about the markets, and the current state of the markets does not leave much room for joviality.

    A log chart of the XAO weekly shows how close we are to the tipping point. It bears close watching to see it doesn't go below the trend line. Last weeks hammer indicates there should be a positive move in the week/s ahead.



    XAO log chart.png
 
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