DJIA has ....
Broken out above various resistances and the 50% fib.
It is now poised with last night's high at the July lows--- so old support can become new resistance.
That area is at the 200 day sma and the 61.8% fib.
I'm still favouring a swift down move into month's end, and perhaps we are a day or so from the top....
If not, then perhaps the rally is already well and truly underway, overbought daily stochastic and all
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Last
8,580.1 |
Change
-9.100(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,589.2 | 8,619.8 | 8,568.2 |
| XJO (ASX) Chart |