If the low is not in from a few weeks ago with the head of the inverted h&s on XJO and SPX, it will be the first time in my life that I have seen an inverted h&s on XJO and SPX daily time frames and there be a few closes above the neckline and then the indices to roll over and put in a new low straight away. For my mind the probability has to be that this is a shakeout and I'm looking for some evidence for a long play in the coming 2 or 3 trading days.
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Last
8,557.8 |
Change
-72.500(0.84%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,630.3 | 8,630.3 | 8,544.7 |
| XJO (ASX) Chart |