XJO Futures ... now things get interesting. Having a look at where the overnight close was on this 2_Hourly Chart ... right at the 62.5% retrace and also wave (c) = wave (a). You could think this might be a good level for a rebound but other TA observations would suggest this S/T down move is not finished ... structure of wave (c) looks incomplete(5_waver?) and the lower boundaries of the (purple) broader corrective(?) channel, or larger ABC correction have not been tested.
[ATTACH] XJO Futures ... now things get interesting. Having a...
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Last
3,011.6 |
Change
9.700(0.32%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 3,001.9 | 3,013.5 | 3,001.9 |
| XSO (ASX) Chart |