Could be that the yearly trend is still up ?
It can always be argued that a one day break ,no matter how large , does not determine a trend .
We have only broken xao yearly lows by 1 day with a prompt recovery . Today may of been the retest but up to yanks now . Tuesday's don't fit with major turns in my book but need to checkagain as I like Wednesdays for highs and lows .
Food for thought only as I could see xjo going 20 odd points lower today before the bounce but xao was key I guess .
no idea for tonight/tomorrow .
night all .
ge
big monday, page-53
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Last
8,221.5 |
Change
10.200(0.12%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,211.3 | 8,226.5 | 8,199.7 |
| XJO (ASX) Chart |