Today (yesterday in the US) was exactly 1260 days from Sept 11. In
other numbers, thats 180 weeks. I alerted you to that date earlier to
watch it. Note the volatility in the US figures overnight, 17 points
down on the S&P, 174 on the Dow. This is not a coincidence, (but of
course there is volatility on other days too) but it showed up more in
currency markets this time. Hope this shows you how time plays its part
in all things.
Expect a bit of violence around the world this week, as to what, who
knows, but it will appear like an echo, (though not an obvious echo) is
the only way I can describe it
Back to the market, JUM becomes a stock to investigate further, based on
what I have taught in both fundamental and technical classes:
ie, a break of accumulation, these should be quite clear to you now,
then perhaps to determine a few more things, have a look at the ASX
website as regards announcements, investigate what the stock does, is it
making earnings ?, what sector ?, is the sector in favour at present,
and so on. Stock to watch here. But note, this is not to be
construed as trading advice, it is follow up to you as regards what we
learn in class, which I teach you to apply to the market. .
JUM Chart