It could squeeze a bit more just to really screw with the bears, but its already very overbought on the 1hr and approaching overbought on the 4hr chart.
IMO, this rally was a technical one but not a sustainable one that implies we're done selling and moving all the way up now.
5/09 Indices, page-355
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Last
8,344.4 |
Change
61.200(0.74%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,283.8 | 8,356.4 | 8,283.8 |
| XJO (ASX) Chart |