XJO down today -0.3%.
Today's action occurred within a relatively narrow range compared to recent action.
Intra-day buying is evident in the relatively longer lower tail.
Today wasn't the most bullish day that we wanted. But it wasn't particularly bearish although it ended on the negative side.
It's always a worry when the 200-Day EMA is broken to the down side, but horizontal support continues to hold.
The chart shows a descending triangle which is bearish. Wait for a break to the downside.
RB
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Last
8,630.3 |
Change
59.900(0.70%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,570.4 | 8,632.8 | 8,570.4 |
| XJO (ASX) Chart |