Gse1963, trading the XJO, new to it, so my intraday timing would be the worst here!
Can see a fourth 60 day cycle with a 30 day lesser cycle since Ocotober last year, giving those double tops finishing up at its right peak a few days ago. Was a chance it would push through, so waited until US's response to rate cuts. Surprised to see it fall so heavily when it didn't at the equivalent stage of this cycle back in 01.
Yet to read up on all the Guru's, and also to compare with 95, thanks. Target at this stage is a higher low, around 5250 within the next three weeks with my stop placed in the mid 56s.
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,639.0 | 8,776.4 | 8,639.0 |
| XJO (ASX) Chart |