highs are generally formed on high volume......as lows are generally formed on low volume.....
if the volume on a new high...such as this morning....is not that great......more than likely further highs will be made as sideline cash re=enters the market...chasing the prize....
however....as the US indices are now in new territory...it will pay to be alert......
sck
trading inside wednesday, page-15
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Last
7,959.3 |
Change
69.700(0.88%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,889.6 | 7,969.1 | 7,889.0 |
| XJO (ASX) Chart |