The S&P 500 is outside it's BB, and stochastics are starting to turn. I would expect to see a pull back in New York next week and that to flow back into the Aussie market.
The market has risen too fast, too quickly. Always a recipe for a pull back, IMO. Couple the charts with the upcoming "confession season", and I am currently a bit of a bear.
Our market seems to have significant support at 4450.
Great thread - love it.
HT1
xjo weekend zoomb roomba, page-8
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7,682.0 |
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Mkt cap ! n/a | |||
| Open | High | Low |
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| XJO (ASX) Chart |