XJO 0.22% 7,743.6 s&p/asx 200

Go the Extra Mile..... - Thursday, page-3

  1. 19,112 Posts.
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    Yep, I use both the Feb low (5739.8), along with the 11th March low of 5748.7 as the double lines which form the arbitrary low of the old trading range.

    and yes, it is interesting that the level I am using (5691.9) is so close to the 50% level you point out (5690).
    I do find it quite common that important levels on the charts show up very close to one another, no matter what form of T/A  is used.

    .

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