XJO 0.58% 8,091.9 s&p/asx 200

a few charts of interest, page-16

  1. 3,164 Posts.
    lightbulb Created with Sketch. 443
    This chart suggests the XJO in the short term will head higher. There is an ascending triangle present, the fib retracement of 50% has been respected along with the 200 day moving average. RSI at 60 gives room for upward movement and the MACD has a bullish cross. When the 4810-4815 resistance breaks a possible target of 5000 which is the next level of resistance is not out of the realms of possibility, just my opinion.

 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.