979 & 4129
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Re: 979 & 1429
What a massive typo
What a massive typo
Trembling Hand
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Re: 979 & 1429
Sorry for the typo . I will clarify that for you .
I am looking at 979 Top for the SP500 and 1429 Top for the XAO .
My initial analysis was looking for a Top to occur between the 23rd - 24th July as detailed previously and based upon some calculations I believe these levels will bring in the Top and I am now short with a close stop at these levels .
Sorry for the typo . I will clarify that for you .
I am looking at 979 Top for the SP500 and 1429 Top for the XAO .
My initial analysis was looking for a Top to occur between the 23rd - 24th July as detailed previously and based upon some calculations I believe these levels will bring in the Top and I am now short with a close stop at these levels .
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Re: 979 & 1429
hope you didn't short the XAO at 1429 :
But to serious matters, can you post a link. Thanks.
hope you didn't short the XAO at 1429 :But to serious matters, can you post a link. Thanks.
Trembling Hand
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skc
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Re: 979 & 1429
How do you short the XAO? or is it another typo for XJO?
How do you short the XAO? or is it another typo for XJO?
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OK be polite. Gazelle has responded to repeated requests for a market call and it seems that now is the correct time and price.
Gazelle, it would be fair if you indicate possible price targets and include the numbers that would invalidate your analysis, please.
Gazelle, it would be fair if you indicate possible price targets and include the numbers that would invalidate your analysis, please.
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Some analysis or at least some indication of how this thread relates to a trading strategy or system please.
Otherwise it will be moved to ASX Stock Chat.
Otherwise it will be moved to ASX Stock Chat.
SPI day session and 5-day pattern
If you are shorting and you think the market is pulling back and following
the same patterns as the previous 3-months, then the downside target
in the short-term would be the weekly 50% level as your first
reference point, currently 3947.
A bearish pattern will open below the 5-day 50% level next week
and continue down:- higher Weekly open into a lower Weekly close.
We have a 5-day high breakout pattern @ 4065, so i'm not sure how much more downside there will be today.
As a Spiral low and 5-day high could support the market on Friday.
Day session 4111 & 24 hour 4120 (July highs)
If you are shorting and you think the market is pulling back and following
the same patterns as the previous 3-months, then the downside target
in the short-term would be the weekly 50% level as your first
reference point, currently 3947.
A bearish pattern will open below the 5-day 50% level next week
and continue down:- higher Weekly open into a lower Weekly close.
We have a 5-day high breakout pattern @ 4065, so i'm not sure how much more downside there will be today.
As a Spiral low and 5-day high could support the market on Friday.
Day session 4111 & 24 hour 4120 (July highs)
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xjo days high 4122.1
where can one short xao?
am i missing something here or do i need a better provider that does short the xao? is there someone that does ?
so many questions
where can one short xao?
am i missing something here or do i need a better provider that does short the xao? is there someone that does ?
so many questions
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We are takling about XAo
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Can short the XJO equivalent (ASX 200 Cash is what they call it), but not the XAO.
Oh, whatever. It's all basically the same anyway. The XAO moves up, so does the SPI basically. I said if for simplicity's sake so that nunethewiser could understand me.
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A lot of majors are off their june 12 highs (When our index last tested 4080s)
So the gains are mainly from the smaller/mid tier of the market.
You can interpret this as big guys getting out of big stocks being bearish, or big guys getting into smaller specs being bullish
So the gains are mainly from the smaller/mid tier of the market.
You can interpret this as big guys getting out of big stocks being bearish, or big guys getting into smaller specs being bullish
The Day SPI bounced off the old 1991 semilog trendline today bang on 4111. (Night SPI got to 4120.) That's the second time it's bounced off it. Probably doesn't mean anything though because the bulls say we're going higher but some bears would have made some good money today.
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