Where is the market heading?

Discussion in 'Sharemarket News & Market Analysis' started by Nigel Ward, 4th May, 2007.

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  1. Nigel Ward

    Nigel Ward Well-Known Member

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    Can someone with access to good charting software post a chart with a channel on it for the XJO? :eek:

    I'm hearing people say 6400 is a key point...but I'm not sure.

    Cheers
    N.
     
    Nigel Ward, 4th May, 2007
    #1
  2. Tropo

    Tropo Well-Known Member

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    So far .... I have got for XJO 6445/55.
    Unfortunately i do not have access to good charting software (I do not consider incredible charts as a good ch. software).
    :cool:
     
    Tropo, 4th May, 2007
    #2
  3. DaveJ__

    DaveJ__ Well-Known Member

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    Here ya go...


    Here is the Daily of the XJO (ASX200) :- View attachment 284

    And the Weekly XJO :- View attachment 285


    I put on a 'Raff Regression Channel' which seems to fit ok...


    Make of them what you will!!:confused:
     

    Attached Files:

    DaveJ__, 4th May, 2007
    #3
  4. Nigel Ward

    Nigel Ward Well-Known Member

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    Thanks DJ...altho I have no idea what the Raff Regression Channel is.

    N.
     
    Nigel Ward, 4th May, 2007
    #4
  5. Glebe

    Glebe Well-Known Member

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    Anyone have it with a logarithmic y-axis?

    Otherwise, compounding returns look crazy when really they're the norm...
     
    Glebe, 4th May, 2007
    #5
  6. bundy1964

    bundy1964 Well-Known Member

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    To me both charts look like there will be a crossing of the upper line soon.
     
    bundy1964, 6th May, 2007
    #6
  7. Tropo

    Tropo Well-Known Member

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    It happened at A, B and C.
     

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    Tropo, 6th May, 2007
    #7