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1,166 Posts.

22/10/14

11:20

Post #: 14161750
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Originally posted by gse1963 ↑

Good point V , we now have 3 forms of resistance then . A big gap up , hit the trend line from underneath , and the last big gap down day on spi .

Thor if u are talking about the EWA chart then that would make 4 points of resistance .
I don't know if many aussies still use ma's but yanks tend to love em and especially the big ones as on the stockcharts chart . I don't like ewa but that is only because I rang them one day and they wouldn't tell me the components and said I had to subscribe . But now that ETF's exist ummmmm it could be more relevant .

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So it should at least pause here. Beyond that I've got nothing. You still long?
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