Spade_of_Aces

$XJO Daily (Long & Short strategies)

ASX:XJO   Indeks S&P/ASX 200
Which way will XJO go???

I feel many investors are on the edge of their seats, whether cash or holding, there's this underlying sense of unease as the markets could swing either way at any moment...

So ask yourself, and answer in the comments below if you like:
a) Will we continue to melt-up and diverge from the economy?
b) Will markets crash back down and catch up with the economy?
c) Will we track sideways, become comfortable not knowing which way its going to swing, then bamm?
e) Are we just waiting for a catalyst, Say Trump catching C-19, or the elections...?

Either way, I have charted a Long & a Short play each with their own patterns, confirmations, supports & resistance.

I would very much like feedback & suggestions as i'm new to charting and keen to learn

Cheers,
Penafian

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