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Market direction

Printed From: BullCharts Forum
Category: Market Discussion
Forum Name: Stock Chat
Forum Discription: Discussion about stocks and markets.
URL: http://www.bullcharts.com.au/forum/forum_posts.asp?TID=266
Printed Date: 01 May 2024 at 7:42pm
Software Version: Web Wiz Forums 9.69 - http://www.webwizforums.com


Topic: Market direction
Posted By: Cobra
Subject: Market direction
Date Posted: 13 Jul 2005 at 2:14am
Some ominous chart patterns emerging lately. Looking at the XAO, still waiting to see if the recent run up is just a bear trap or something with a bit more substance. With the XAO being unsuccessfull in attempts to break past the highs in March for the last few weeks may indicate this rally will fizzle out. Too early to suggest a double top formation?? But watch out if it does tank.



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