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

My take on what the waffle was about, future direction of the...

  1. 2,810 Posts.
    My take on what the waffle was about, future direction of the ASX200.


    Here comes the pretty charts!

    The 1 hour is bull trending with support as marked.



    The 4 hour ditto




    The daily with it's new support levels.




    The weekly has circles from showing a f/a/ trader that t/a saw the crash.
    Commentary on the general thread recent post.

    The price has rallied from support at blue but red is still under blue.
    A retrace to test levels represented by red as it crosses blue would be expected.
    When can only be seen on the lower t/f's. No sign at the moment.
    I view a breakout of the weekly as an end to a bear market rally and the start
    of a bull market. Or is it the monthly cloud?



 
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