weekend charting part 1, page-39

  1. 9,861 Posts.
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    SS, yes just focussing on my index stuff this arvo and will hook into the charts tonight/tomorrow.

    XJO
    I see the 5th May as the next important date and could end with a blow off into my weekly target for the 60 day rally. We are now clearly above pinky which tells me not to short and go with the flow. Sure the chart and rally looks exhausted, but i certainly wont be suprised to see another push. Any falls should be supported on the pink line.
    2 Weeks ago i suggestested retrace into the pink line but we couldnt even get close to it.

    If the 5th May is a high i will look to lighten off considerably, however if its a low im looking for continuation and 90 days :)))


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