Weekend charting & chat - Dec 18th-20th

G'day troops. The weekend charting & chat thread is officially open for discussion.

Today's trading was set up with a negative lead from Wall St which saw our market follow suit early, before bottoming 2 points lower than yesterday's low and turning around to close in the green just above the 5100 mark. The spread was somewhat narrower than yesterday (about 80 points vs 100 points yesterday) and if it wasn't for those 2 points at the low of the range would have formed an inside candle. Importantly though, after the leg down buyers regained control with some good volume once again to shrug off that negative lead from the US.



Have a great weekend everyone the weather's looking great (in Melbourne at least) so enjoy all those pre christmas festivities - but safely!

Cheers, Sharks.