XJO 0.23% 7,682.0 s&p/asx 200

what to make of monday trading, page-3

  1. 9,485 Posts.
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    I care and although I don't know what news if any will cause a major breakdown but it is interesting to compare xjo xao here with the 9/8/07 .

    3 days green up of the first low etc , spi hitting 50% overnight , similar moves with 10 ma on daily etc .

    xjo same measured move down on monthly as May 2006 implied a lower low into December but guessing a higher close for Chrissy rally .

    Obviously nuffin should be taken for granted but there exists a slim to 50/50 chance of a major breakdown from this level so care with longs now .

    ge
 
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