Don't get excited about the upside. In fact it may not pay to get too excited about the downside.
The top one of the lower indicators shows a divergence between blue and yellow lines.
Without going again into their meanings, past similarities says that it means churning till they better align and that is likely to take several weeks min.
Always remember past experience is no guarantee of the future, but this is based on the last 30 years.
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Last
8,561.8 |
Change
-68.500(0.79%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,630.3 | 8,630.3 | 8,544.7 |
| XJO (ASX) Chart |