XJO daily CFD. Converging support (shown last week) held, and converging resistance held too. Strong reversals in both cases. Final candle for the week is red and finished in the middle area of all those lines. The Wednesday candle was green and broke out of the body of the downtrend, but finished within the wick extensions. Fast moving average is still hovering below the slow moving average:
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- XJO Weekend Charting and Chat - 28th July 2017
XJO
s&p/asx 200
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1.37%
!
8,757.2

XJO Weekend Charting and Chat - 28th July 2017, page-9
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a |
Open | High | Low |
8,639.0 | 8,776.4 | 8,639.0 |
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XJO (ASX) Chart |