Treggs don't worry about the "cause" - just follow the chart. Just after open all the MA's I use clustered and we got lift off. It still has not stopped and won't until they all cluster again at the top and start to fall below the WMA's.
The 5 min chart suggests with RSI that we are in overbought territory but that is not a sign to short yet.
couldnt think of anything witty tuesday, page-9
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Last
8,226.3 |
Change
26.800(0.33%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,199.5 | 8,231.0 | 8,150.1 |
| XJO (ASX) Chart |