XMD 0.38% 10,527 s&p/asx midcap 50

churn at moment CG. this level about it. volume test due in...

  1. cha
    5,333 Posts.
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    churn at moment CG. this level about it. volume test due in march. when 1860 broke down and through before this wave up fairly clear will break down ultimately. if gets thr this 2020 level on spike then should see backtest even if ultimately moves up. personally i can see anything above it as a tag and then shorts will hit it then if not before

    oil got thr on weekly. that is the money maker at moment. sea to slice thr 12c which is 100% move and reassess. bpt same. a lot safer than playing with spx here. oil up and held spx up but couldnt move spx that much. europe test and europe qe later this week. gold had a backtest before got thr on monthly. wouldnt surprise if oil did same. waited on spx from $1.40. failed at 70c. failed at 16c. creaming it from 6c. just need patience and a sense of momentum. roadmap is spx down. commods up. working well here
 
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