XJO - Bear Posts only (Factors which might cause the markets to fall), page-448

  1. 7,751 Posts.
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    Interesting movement so far, similar to what I mentioned as per the 10th... The points to observe is this has now broken below 3 points of strong support / resistance on daily charts. And the upside on the V is pretty shallow. The buying is pretty weak and not a firm positive push... (Having said that and how these things are manipulated, you might see a quick push soon lol).

    As such, this might tend towards sideways range trading over most of the day. US will def determine our direction tomorrow. @JethroJ good point about Wednesday being closed and waiting for the meeting.

    https://hotcopper.com.au/data/attachments/4016/4016227-2a2d1920a48aa795f1a20c5bc206463f.jpg

 
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