On XAO/XJO I draw a displaced, triple exponential 100 day moving average (displaced 19 days backwards), a pretty cute MA that picks up most corrections nicely. Still sitting below that right now. A couple of oscillators crossed up yesterday explaining the small rise today, but I reckon Monday or Tuesday will provide good shorting opportunities.
correction getting much closer now., page-6
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Last
8,017.6 |
Change
58.300(0.73%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,959.3 | 8,037.3 | 7,959.3 |
| XJO (ASX) Chart |