If that doesn't hold then the bottom of the channel we're stuck in is at XAO 3290 today and moving down at about 22 points/day so on Monday it'll be 3202 (that's a familiar spot as its the November low).
If tonight and or Monday is or are off big the US we'll be testing the Nov low Tuesday. Then again they could have a big fall tonight and a big rise Monday night and Tuesday here is saved.
It might be that a lot of ppl don't want to hold over the long weekend too adding to supply today.
But so far XAO 3341 is holding (apart from a minor marginal break for less than a minute).
smashing friday, page-25
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| XJO (ASX) Chart |