Hi all
Update on the XJO chart showing us hard up against the lower tyne resistance, stochastics in the overbought area are turning up again so things are still moving up though you get the feeling now from here on in it may be laboured. I think we'll see it claw upto the 4700 level and repeat the earlier larger range, and hit the top red line of the price envelope, so a little more bull in there after all lol. I'm still bearish though it's all very high risk/reward now as far as I see it.
Cheers!![]()
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XJO
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Last
8,773.5 |
Change
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Open | High | Low |
8,745.2 | 8,821.0 | 8,745.2 |
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XJO (ASX) Chart |