XJO
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0.50% 7,971.1 s&p/asx 200

weekend thread, page-26

  1. barnsty
    8,880 Posts.
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    29/05/10
    10:43
    Post #: 6749262
    To me the close on the SPX last was very bearish imo.

    Looking at the chart 1090 was clear resistance throughout the week with three failed attempts to through. Thursday night it got through and I was really expecting 1090 to hold as support but it finished at 1089. Leaves me wondering as I was expecting a bounce off that level and more upside (for the meantime) but now I am not so sure? I am now thinking 1044/1040 will be retested sooner than later.. Any thoughts?

    XJO Value at posting: 143.50
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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