XJO 0.25% 7,699.8 s&p/asx 200

tuesday night, page-28

  1. 17,444 Posts.
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    No, market baulked at 65 ma on 30 min chart as usual.

    Still, intraday of 4 hrs down look ready to fall some more.

    Hard to see agressive upside now as BB's on weekly and daily are limiting factors. Any upside will be more measured.

    Weekly, monthly and quarterly 3 period dynamics are getting close, so unless we change the pitch seriously, it will be hard to get over SPI 6300 before June.

    That isn't to say it can't happen.

    If we stay with current trend then end of the week seems to be this quarter's peak.

    To change that scenerio we need a big surge to bust many price and indicator limitations IMO.
 
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