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

Yes Martis " I disagree with the chart" XMJ Yes " I wish to add...

  1. 781 Posts.

    Yes Martis " I disagree with the chart" XMJ
    Yes " I wish to add "

    Your BLACK line is in the wrong position.

    My arguement is as follows:

    Using weekly ,take 16MAY 2008 HIGH
    and 25Nov 2008 LOW

    Take 38.2% fib (bottom to top)= 10600

    (thats were the black should be)

    11 weeks ago it did cross under 10600
    then for 6 weeks stayed above.
    Then 4/3 weeks ago TESTED 10600(could not break under)
    Last week low 11100 high 11600

    This week tried again to reach 10600 but could only manage low of 10700

    Each time its moving AWAY from 10600

    UNTIL 10600 IS BREACHED AGAIN "I disagree with your chart"
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.