Category: Uncategorized
Price Action Behaviour of the Precious Metal “Gold” in Two Time Frames.
Short term SPI update.
ASX 200 (XJO) Short Term Outlook.
PRECIOUS METAL OUTLOOK.

Weekly chart and a clearly defined rising peaks as well as troughs defining the uptrend ever since the breakout.A must hold support level, for this uptrend to be still considered in effect is also shown at approx. 1450 level.We are seeing a consolidation at current levels( see top box) after hitting…
WESTPAC (WBC.ASX) Short Term Outlook.
TELSTRA OUTLOOK.

Rangebound price action behaviour summarises the current intermediate term trend of Telstra which has been in effect since early 2018.With clear boundaries of the congestion one may utilise the edges of congestion zone for a long or short position in either direction on a successful retest.These trades,if taken, should be…
SPI Update.
Don’t ignore this XJO chart!
An Earlier Post Worth Re-Visiting.
Psychology in this game being the hardest to master here is an earlier post which IMHO worth revisiting. It did a tremendous job with it’s down target will we see similar behaviour with its bullish target ? This remains to be seen. With the major banks breaking out today it…