I do think the odds seem to favour a bullish resolution.
Other indicators and indicies are bullish.
Daily is overbought so a day or two of small downside would be in order.
Knowing the way the boys play the will try to bust through on the last day of the month keeping long term indicators positive.
The 12 period ma on a monthly chart close is very good at indicating long terhm trends. That is at 1261 and the market has been above it since early 2003.
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 (20min delay)
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Last
$6.92 |
Change
0.005(0.07%) |
Mkt cap ! $4.637B | |||
| Open | High | Low | Value | Volume |
| $6.90 | $6.92 | $6.81 | $2.013M | 293.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 6494 | $6.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.92 | 5870 | 30 |
View Market Depth
| Last trade - 13.27pm 01/08/2025 (20 minute delay) ? |
| DOW (ASX) Chart |