Daily dynamics for highs had SPI 4785 for the high last night/today and so far 4784.
Weekly is 4817 and monthly 4862 so no great upside targets.
However BB's are narrowing sharply on the longer term which suggests a powerful move one way or the other soon rather than the alternative of just meandering for ever, which is possible I suppose.
Monthly dynamics for SPX last month missed by 0.2 pts, and this month is a touch under 1335, which is about the doubling of the 2009 low.
Good stats by Treggs and on the mark as usual.
Silverdice pointed out the big SPI discount yesterday as well and suggested it might be a springboard. Good call.
wednesday trading, page-17
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Last
7,785.4 |
Change
-44.300(0.57%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,829.7 | 7,829.7 | 7,782.0 |
| XJO (ASX) Chart |