XJO 0.39% 8,013.4 s&p/asx 200

monday trading , page-79

  1. 5,311 Posts.
    If you are talking the mid jul top on the daily then yes I would call it a double top. It's a bit scruffy as double tops go though. Call the top 14050 and the neckline 12850, that gives a goal of 11650. Not likely in the short term but perhaps in the mid-long term. I give October volatility better odds of spoiling the pattern than it succeeding.
 
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