wild wednesday, page-2

good morning fellow punters.....

well, we have another night of positive action, based apparently on the prospects of further stimulus being provided.......

so I guess while ever the punters are willing to push prices higher on this premise, the longer we will wait for it to actually happen......

my tip is for this to continue for another 6 or so weeks.....

leaving us vulnerable to a October correction scenario .....

expecting a small pull back after R1 is tipped on the XJO Monthly Pivots.......either today or tomorrow.....

R3 4,658.33
midpoint 4,545.33
R2 4,432.33
midpoint 4,391.50
R1 4,350.67..target
midpoint 4,278.50..support
PP 4,206.33
midpoint 4,165.50
S1 4,124.67
midpoint 4,052.50
S2 3,980.33


Gold is telling us caution is entering the punters minds with a 'lacklustre' performance last night....

as always.....more power to the punter
sck