what the... wednesday, page-24

Bit of a long term view (for me, anyway... two days is a life time)

On the Hourly Aus200 (IGMarkets rep of xjo) a first downside Whooshka signal is in place, with a MACD divergence (histogram) running over the whole rise from 17th til yesterday.

As this is the Hourly, this may take a day or to for serious downside to occur, if it does occur at all, and may include a rise in price while the MACD MAVs continue to fall, before the serious downside occurs.

Techo sigs are suggesting that we could fall back to at least 4000

;)

PS thx for those links Slaveman...