Looking through the M7 and others, some have displayed a strong down but a lot still showing as weak or at best undecided. A further solid down night will cement the direction.
Alas, many bulls want to get further entrenched in the devastation to follow and we might still have a night up or two.. but providing entry opportunities for Bears might not fit well with instos. If you haven't positioned for a major drop in a single hit, you might not get another one IMO.
All the best for what's to follow.
Looking through the M7 and others, some have displayed a strong...
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| XJO (ASX) Chart |