hi Johno247..
simple really,
red line = line in the sand..lis
above you are long or looking for longs, below you are short or looking for shorts..
as you can see by close of road map each morning, that all nos are strong support and resistance nos, as they all stem from the lis..
hope this is of some help in understanding the road map
ac :-)
mongo's - hit for a six - friday, page-17
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Last
8,118.8 |
Change
-41.200(0.50%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,160.0 | 8,160.0 | 8,063.2 |
| XJO (ASX) Chart |