XJO 0.21% 8,027.0 s&p/asx 200

20yr monthly chart of xjo.To me this chart looks like it wants...

  1. 242 Posts.
    20yr monthly chart of xjo.

    To me this chart looks like it wants to test the white support lines which also happens to be the 61.8% fib from the NOV 93 low to the NOV 07 high.

    With the current bearish sentiment there is a real possibility we could test that 61.8 fib which is at 3456, this month imo.

    Is that a small bear flag inside a bigger bear flag?

    Hopefully that white upward sloping support line can hold

    Just my amature opinion

 
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