Martin Luther King Holiday usually brings a low or a continuation of the short term trend. Given its turned down last week maybe tomorrow is a day of reducing a few profitable positions prior to US Tuesday ??
I too was surprised by the strength today, but silly me forgot about there holiday and then it made sense why we were uppish
CBA 360 days today from low and 810 from all time highs, 720 days from the gap down high on 29/1/08 too. It also has a nice 90 calender cycle too.
Regards
Rob
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
8,818.7 |
Change
-12.700(0.14%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,831.4 | 8,831.4 | 8,790.3 |
| XJO (ASX) Chart |