from May to late July the market edged higher yet the RSI went lower. To me that was a big pressure cooker.
Now it's a bullish diveregnce instead. Not always they come true but quite often they do and they are good signals
bullish divergence, page-4
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Last
7,767.5 |
Change
7.900(0.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,759.6 | 7,819.0 | 7,754.9 |
| XJO (ASX) Chart |