XJO 1.10% 8,075.7 s&p/asx 200

which way monday, page-107

  1. 4,960 Posts.
    Here ya go spott...

    http://www.hotcopper.com.au/post_threadview.asp?fid=1&tid=1053343&msgno=4793292#4793292

    Specifically this section at the bottom of the report:

    Price, like last week is in balance with the current weekly candle Print in DOJI form

    Intraday signals have room for upside, and purely based on overnight momentum I would not be surprised if initial further upside Monday was to occur.
    Just observing the last weekly candle print and noting that price is close to the weekly 13 period MA at 4660 odd I would be checking what price does if it reaches this level, also corresponding to where the daily congestion broke down.

    A significant break up through this level would suggest further upside in the next day or two is possible, even a resumption of concerted upwards movement.



    ;)
 
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