XSO 1.45% 3,123.6 s&p/asx small ordinaries

CG maybe your predictions are a day late. I note that the SP500...

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    CG maybe your predictions are a day late. I note that the SP500 very neatly stopped last night after regaining exactly 50% of the fall. The other things is that it is only now a few points below the 50 day ema which may provide some overhead resistance. Likewise the XJO today recovered exactly 38.2% of our fall. (yes, of course we were weaker. Weaker is what we do). That doesn't change my view on exploring the top again by April/May but maybe we could see a reversal tonight. Maybe even another leg down.

    xjo fall.png fall sp500.jpg
 
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