In saying I'm a buyer of support today, dosen't mean things can't change, as I've said i can't predict anything I don't have the skill.On this chart below , it's clear we still haven't broken out of the current trading bracket, the value price is 4390 and value tends to attract price action .Two patterns repeated below the value line both show the bars in red pushing price higher , red bars are higher than average volume bars.macd negative, price above value but buying having taken place in the background.I'm still happy to buy support and if we can break the bracket I'll stay long, but if we dont i won't hold a position.'These are volitile times.![]()
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XJO
s&p/asx 200
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Last
8,773.5 |
Change
28.300(0.32%) |
Mkt cap ! n/a |
Open | High | Low |
8,745.2 | 8,821.0 | 8,745.2 |
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XJO (ASX) Chart |