XAO PnF Chart Update.

It had done an excellent job in calculating the Tentative Bearish Price Objective from the April 2015 Top this PnF chart. Could it do the same for the bullish move which is already underway ? In time we will know.

I have taken two separate Tentative Bullish Price Objective Counts as can be seen on the chart. 

 A Horizontal Count and a Vertical counts. Both are active and valid.

Horizontal Count tentative bullish price objective @ 5740 . Vertical count tentative bullish price objective @ 5680.

What a turn around after the RBA Board meeting in our market !

From time to time, there may be a spelling error or 2, please feel free to correct those.

Chart is Courtesy of StockCharts.com





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