I think our market is anticipating a fall in the US on Wed.
The DOW made a new price high on a negative momentum divergence, and a weaker than expected volume reading .
This, along with the negative divergence, is a technical non-confirmation in development.
In other words our market doesn't think the rally is sustainable, lets see if we got it right.
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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 |