Please refer to previous 2 Publications if you have come late to this Story and particularly if you are non-locally based.
...As I suggested yesterday that the BEARS have CAPITULATED, from the looks of the paths of the 50 Day EMA and 200 Day EMA (Blue and Gold dashed lines) the Australian XAO WILL STORM November like a literal BULL in a CHINA Short Shop, SMASHING AND GRABBING whatever it likes!
Picture a FRENZIED Ellen Degeneres' or Oprah Fan at a Black Friday Sale for HIGH HEELS!
NO PRISONERS WILL BE TAKEN, NO QUARTER GIVEN. IT'S BRUTAL AND UGLY!
...AN ONSLAUGHT of MASSIVE, SUSTAINED BUYING CARNAGE shall be imposed on our already mildly battered Furry Foes.
TRUST ME boys you ain't seen nothing YET!
Wait till you see what I have in store..? Best keep some of those BLACK eyes in the back of your head or better still spin it 180 degrees as only you horter$ are capable of and get about for awhile A$$ ABOUT FACE!
Won't that be a pretty picture..? Best get the 'COVER' & 'RUN FOR THE HILLS BUTTON' ready, then you can lurk momentarily in relative Safety out of the LIGHT and plan your next YIN TANTY.
I digress...
To the Chart;
I'll keep this short and sweet.
Key Takeouts>
-Bears have capitulated (At time of Closing the XAO was closing ( 5913.3 ) hard on the first Resistance hurdle, which it WILL effortlessly clear I BELIEVE.
-Tomorrow will confirm this with a close above the grey dashed line north of 5927.
(Last cheap tickets- train leaves end of Session , stragglers will be left behind)
Locomotive XAO will be hammering at top speed up the 'Khyber Pass by Monday November 5th opening strongly with a BIG ANGRY BULL with BIG BANGING BALLS (BBB!) firmly in the ENGINEERS seat!
- The 50 DAY EMA crosses the 200 DAY EMA at a crucial junction on the 12th Of November.
(pencil that day in, and you heard it HERE first! Surely that would be worth a few MILLION FOLLOWS when I AM proved right about that? )
On this fine day the BIG CAT BOUNCE has reached the crucial level of 6051 which will guarantee this move is the end of the shakeout and the continuation of the Grand SUPERCYCLE BULL RALLY up to the next Crest of the Wave to challenge and then OVERWHELM the ALL TIME HIGHS not seen since the 'Royal Scam' of 2008 (any Steely Fans out there..?)
If you like my material and you think my style is something else...well you would be right! :D
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Peace Love and Respect for ALL...
and ALWAYS DYOR.