NEWS
Unsure quite what you mean by SPI and XJO neck and neck. SPI at at discount mostly lately but perhaps you just mean pattern!
Today was the day mostly likely for a turn IMO because of multiple indications.
Most just indicate as a turn so could be a break up although Ferrera's inverted dates say a high.
If a high then probably US tonight and here either today of tomorrow.
The 360 day from low is tonight in the US although here the date was 4 days later and even US could work from lowest close or 3 days later.
Todat CMC 4660 seems support for the moment based on ma's I use and has retested a few times. Not a major support but significant enough if it breaks below.
Ah, I see SPI and CMC are equal today. Perhaps that is what you meant. Yes, matching XJO today, so finally twigged. I'm a bit slow sometimes.
The deep discount of SPI on Friday has produced a move up today as expected.
weekend thoughts, page-52
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Last
8,300.2 |
Change
15.000(0.18%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,285.2 | 8,317.7 | 8,244.3 |
| XJO (ASX) Chart |