XJO 0.84% 8,295.1 s&p/asx 200

xjo monday, page-141

  1. 1,929 Posts.
    Under normal market behaviour we should attempt the April high before any crash.
    As we made a higher high than Jan 10.

    We made a lower low today on light volume as Redbacka pointed out.

    I would be encouraged if our engine room wasn't broken.
    Any rally I feel following US without CN would be short lived and seems common knowledge.
    Photobucket

    Put call looking more normal but usually swings further.

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    And our weekly.

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    If I wasn't aware of the facts I'd be a buyer here.
    19th was/is my buy date allowing 2 days for shorts to exit.
    3 red successive candles is uncommon unless a trend change is happening.

    XJO The mother of HotCopper has been allowed a diversity of content lately.
    The uncertainty principle.

    Nite.
    P.
 
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