Weekly with a few dates in future to look towards, OK so there is a big up arrow on this chart, yes, but its more recognizing the repeating pattern from 06. Scroll back to the daily and maybe it plays out prior to this having legs.
While its fantastic when the markets slowly grind on low volume, it always for me increases the risk of sharp sell off as per late 09.
If say the daily pulls back some from here then maybe the weekly could play out aka xmas time etc.
Personally I favor the daily for now, its the bread and butter though for me
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Last
8,622.3 |
Change
51.900(0.61%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,570.4 | 8,632.6 | 8,570.4 |
| XJO (ASX) Chart |