XJO 0.96% 7,701.7 s&p/asx 200

ASX Morning call 5th Nov, page-11

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    XJO down moderately today -0.53%


    Screen Shot 2018-11-05 at 8.23.44 pm.png


    XJO is consolidating at the recent highs.


    Short-term Stochastic has crossed back under its Bollinger Band.  That’s a “sell” signal.  That doesn’t mean to jettison everything – just a warning sign that things will get worse in the short-term.


    Expect more consolidation or a dip to the downside.

 
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