A quick update of the Monthly Pivots.....
As pointed out earlier on the XJO chart, tomorrow is the 84th anniversary of Black Tuesday, where the DOW fell off the side of a cliff......back in 1929......
Tomorrow, we may see the Polar Opposite where we have a BLOWOFF TOP.......
The next line of Resistance on the Monthlies is above 5500.....and seeing R2 at 5414 offered very little Resistance, I feel the Magic 5500 LEVEL is very near.......
midpoint 5,514.17......Tomorrow's Target
R2 5,414.67.....Showed very little resistance
midpoint 5,365.50
R1 5,316.33
midpoint 5,266.00
PP 5,215.67 MONTHLY PIVOTS ARE EXTREMELY
midpoint 5,166.50
S1 5,117.33 'BULLISH'
midpoint 5,067.00
S2 5,016.67
the coffee machine is broken - monday, page-5
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Last
7,796.0 |
Change
26.600(0.34%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,769.4 | 7,796.9 | 7,753.9 |
| XJO (ASX) Chart |