Hard to tell which thread to post on, lol!
I am inclined to side with Volt on this one, in that the DOW certainly was giving "basing" signals on close, which I expect will influence our index after open...
Slept most of last night... made my dosh on going long this morning.
I also think PP's scenario is valid, a retest of the 21ma from the top on the daily would not be bearish... and i still have a longer term target of 4000 for the XJO before I am looking for a retest of lows in November.
We shall see.
;)
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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 |