Jump to content

Archived

This topic is now archived and is closed to further replies.

aussiebear

World Stock Markets Trading Discussion - Zealous zig-zags

Recommended Posts

All Ords 5-day chart

big.chart?nosettings=1&symb=AU:XAO&uf=0&

http://bigcharts.mar...com/default.asp

 

All Ords maintained height to finish +0.4% for the day with Miners +2.6%, Materials +2.1% down to Telecomms -1.5%.

Over in Asia, China +1.1%, Hong Kong +1.2%, Japan +1.1%, India currently -0.5%.

Mixed in UK/Europe: FTSE -0.2%, DAX +0.2%, CAC +0.3%.

 

big.chart?nosettings=1&symb=UK%3AUKX&uf=

  

  

big.chart?nosettings=1&symb=DX%3ADAX&uf=

  

 

big.chart?nosettings=1&symb=FR%3APX1&uf=

  

http://bigcharts.mar...com/default.asp

Share this post


Link to post
Share on other sites

3 day cycle projection of 2918 suggests more work to be done on  the upside. 

Share this post


Link to post
Share on other sites

A drop below 2903 could break that. Probably need sub 2900 to be sure. 

Share this post


Link to post
Share on other sites

Clearing 2912 would look like a breakout, but there's a trendline convergence at 2913.50 that's an obstacle. If cleared, room to run to  a channel line at 2922. 

Share this post


Link to post
Share on other sites

Clearing 2914 would put the 5 day cycle projection at 2936.  Bears need a stop here.  

Share this post


Link to post
Share on other sites

Tried and failed to break down. The pattern is very bullish at this point. 

Share this post


Link to post
Share on other sites

If they can't launch from here, watch for 2905 to break. That would be a good sign for bears. 2903 better. Below 2900 and it could be off to the ski slope. 

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!

    Support your local Stool Board.

  • Market Data

×
×
  • Create New...