Re: XAO Analysis
And what signs are they?
market is showing all signs of an imminent correction!
And what signs are they?
XAO Technical Analysis
- Thread starter Sean K
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Re: XAO Analysis
The big 4 are doing real well
The big 4 are doing real well
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Re: XAO Analysis
that one right there
And what signs are they?
The big 4 are doing real well
that one right there
Nyden
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Re: XAO Analysis
I don't know, I'd say that claytons remark was an indication this rally had a ways more to go
that one right there
I don't know, I'd say that claytons remark was an indication this rally had a ways more to go
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Re: XAO Analysis
Ok so i'm not a share genius like you guys but I am up $5k after less than a week so I'm not complaining. Yes it will go back but the big 4 are a freeking monopoly so I cant see too much risk.
that one right there
Ok so i'm not a share genius like you guys
but I am up $5k after less than a week so I'm not complaining. Yes it will go back but the big 4 are a freeking monopoly so I cant see too much risk.
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Re: XAO Analysis
was only kidding guys
may the XAO hit 10,000 for mr burns and his banks
have a great weekend
was only kidding guys
may the XAO hit 10,000 for mr burns and his banks
have a great weekend
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Re: XAO Analysis
Ohhh you....................
was only kidding guys
may the XAO hit 10,000 for mr burns and his banks
have a great weekend
Ohhh you....................
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Re: XAO Analysis
From the analyst who discovered it:
“The very rare black swan formation – note both feet and neck are complete and the rare vampire tooth variation is in place.
Be afraid. Very, very afraid.”
black-swan-formation
From the analyst who discovered it:
“The very rare black swan formation – note both feet and neck are complete and the rare vampire tooth variation is in place.
Be afraid. Very, very afraid.”
black-swan-formation
Sean K
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Re: XAO Analysis
I'm not so sure. The analysis he has provided (as always) is pretty compelling.I don't know, I'd say that claytons remark was an indication this rally had a ways more to go
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Re: XAO Analysis
Traders getting cautious,The market has made great gains since march,Now the dow getting a little bearish,considering high employment still increasing slighty and now its reflecting on consumer spending.
Now im actually only trading at a daily basis for q4 on cfd & options only,For the reason that the xao could actually shape up into a W,Reguardless people following Ew/gann/fab will tell have a different technical view.
Traders getting cautious,The market has made great gains since march,Now the dow getting a little bearish,considering high employment still increasing slighty and now its reflecting on consumer spending.
Now im actually only trading at a daily basis for q4 on cfd & options only,For the reason that the xao could actually shape up into a W,Reguardless people following Ew/gann/fab will tell have a different technical view.
Re: XAO Analysis
http://www.bloomberg.com/markets/ecalendar/index.html
Jobless claims announcement tonight and Non-Farm payrolls on Friday. I think the reaction to these sets the tone for what happens next.
There seems to be a lot of talk of people waiting for a pullback to get in. But on the flipside we appear to be (and according to the perma-bears) at a potential turning point. Given that the last few bearish patterns have failed what's to say that we won't;
1) Just melt higher into the end of the year
2) Go straight up from here again
My guess is that because everyone is expecting a major pullback, it probably won't happen.
In reaction to previous comments 'the market is so overbought' blah blah, PE's are too high. So what? when did a stock market run on logic?
I'd be really interested to hear what Trembling Hand has to say. He's been spot on with the last couple of calls he made.
Also note that some people were talking about oil decoupling at the start of the week. Well look today it still is, but I'd say not in the direction people were thinking, it's back over $70 today.
BTW holding a long GBP.AUD position, oil and in and out of SPI.
http://www.bloomberg.com/markets/ecalendar/index.html
Jobless claims announcement tonight and Non-Farm payrolls on Friday. I think the reaction to these sets the tone for what happens next.
There seems to be a lot of talk of people waiting for a pullback to get in. But on the flipside we appear to be (and according to the perma-bears) at a potential turning point. Given that the last few bearish patterns have failed what's to say that we won't;
1) Just melt higher into the end of the year
2) Go straight up from here again
My guess is that because everyone is expecting a major pullback, it probably won't happen.
In reaction to previous comments 'the market is so overbought' blah blah, PE's are too high. So what? when did a stock market run on logic?
I'd be really interested to hear what Trembling Hand has to say. He's been spot on with the last couple of calls he made.
Also note that some people were talking about oil decoupling at the start of the week. Well look today it still is, but I'd say not in the direction people were thinking, it's back over $70 today.
BTW holding a long GBP.AUD position, oil and in and out of SPI.
Re: XAO Analysis
I'm a bit fan of clayton's analysis, I use it all the time...
Is anyone else thinking that the intra-day high on Tuesday might have been the top?
I'm a bit fan of clayton's analysis, I use it all the time...
Is anyone else thinking that the intra-day high on Tuesday might have been the top?
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Re: XAO Analysis
Well adding to my previous posts,Currently looking at the dow,There going to be a major sell-off on the xao on friday.Im glad im finally in a 100% cash position.The momentum is changing now,Well time to slip in to my bear suit.I've concluded that in the short-term frame there could be a major pull-back.
Well adding to my previous posts,Currently looking at the dow,There going to be a major sell-off on the xao on friday.Im glad im finally in a 100% cash position.The momentum is changing now,Well time to slip in to my bear suit.I've concluded that in the short-term frame there could be a major pull-back.
Re: XAO Analysis
Indeed, I just had to short CBA day before yesterday around $52 - there was no way it could be justified IMO. Switched my super all to cash about a month ago and watched XAO jump another 6% but just starting to think now that could be wiped out pretty quick if sentiment turns - guess that's really the big thing, SENTIMENT, as it's all about the psychology of the players.
Indeed, I just had to short CBA day before yesterday around $52 - there was no way it could be justified IMO. Switched my super all to cash about a month ago and watched XAO jump another 6% but just starting to think now that could be wiped out pretty quick if sentiment turns - guess that's really the big thing, SENTIMENT, as it's all about the psychology of the players.
Nyden
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Re: XAO Analysis
Just noticed the last few comments removed, and I can understand why - as they were mostly banter, as opposed to analysis. However - perhaps the rules should be relaxed on that? I would deem certain commentary as a form of data, a form of quite useful data. The thoughts, and opinions of those that are obviously just gambling in the market, may be useful to gauge the sentiment of the average investor.
After all, part of the reason I bought in when I did, was purely based on the extremely bearish sentiment in news articles, and the comments in this very thread ("ready for new lows", ha, good as gold). This thread has acted as something of a petri dish of sentiment, and it's something that I, at least - value. Perhaps I'm alone there though:
Just noticed the last few comments removed, and I can understand why - as they were mostly banter, as opposed to analysis. However - perhaps the rules should be relaxed on that? I would deem certain commentary as a form of data, a form of quite useful data. The thoughts, and opinions of those that are obviously just gambling in the market, may be useful to gauge the sentiment of the average investor.
After all, part of the reason I bought in when I did, was purely based on the extremely bearish sentiment in news articles, and the comments in this very thread ("ready for new lows", ha, good as gold). This thread has acted as something of a petri dish of sentiment, and it's something that I, at least - value. Perhaps I'm alone there though
:
Sean K
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Re: XAO Analysis
isnt this just banter ? shouldnt tjis be removed also?
by the way if one scrolls back and looks at my targets given one may see i also provided a chart , reasons , and numbers ..............you got any ?
Just noticed the last few comments removed, and I can understand why - as they were mostly banter, as opposed to analysis. However - perhaps the rules should be relaxed on that? I would deem certain commentary as a form of data, a form of quite useful data. The thoughts, and opinions of those that are obviously just gambling in the market, may be useful to gauge the sentiment of the average investor.
After all, part of the reason I bought in when I did, was purely based on the extremely bearish sentiment in news articles, and the comments in this very thread ("ready for new lows", ha, good as gold). This thread has acted as something of a petri dish of sentiment, and it's something that I, at least - value. Perhaps I'm alone there though
isnt this just banter ? shouldnt tjis be removed also?
by the way if one scrolls back and looks at my targets given one may see i also provided a chart , reasons , and numbers ..............you got any ?
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Re: XAO Analysis
also would like to point out that the high i gave was only minor points out of the actual high and my target fall was only 2 points off the target given
it was however a week out
is this "gambling " also? , or was is it analysis that was pretty close to what actually has happened ?
anyways .............. as you were
also would like to point out that the high i gave was only minor points out of the actual high and my target fall was only 2 points off the target given
it was however a week out
is this "gambling " also? , or was is it analysis that was pretty close to what actually has happened ?
anyways .............. as you were
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Re: XAO Analysis
Well the two key resistance levels on the xao are 4524 and next would be 4278.And if we see the dow fall again tonight to the same levels,Well monday these resistance levels will be surely tested.Well i guess we will see if the bulls are still in control?Either consolidation period?Or correction?Major correction?
Well for the short term term id say a correction is going to take place on the xao only to one major factor is that we still rely on the dow(people will have different views).I've seen people say on previous posts we have decoupled from the U.S....lol.We are following the dow as a mirror.As the dow is looking like a cooked chook atm,the xao will follow!
Well the two key resistance levels on the xao are 4524 and next would be 4278.And if we see the dow fall again tonight to the same levels,Well monday these resistance levels will be surely tested.Well i guess we will see if the bulls are still in control?Either consolidation period?Or correction?Major correction?
Well for the short term term id say a correction is going to take place on the xao only to one major factor is that we still rely on the dow(people will have different views).I've seen people say on previous posts we have decoupled from the U.S....lol.We are following the dow as a mirror.As the dow is looking like a cooked chook atm,the xao will follow!