XJO down strongly today -0.71%
We can see that the chart finished, more or less, at horizontal support and the 50-Day MA. That might stall the pull-back.
A little bit of buying came in to push the index off its lows, but not enough to suggest that today was a bullish reversal.
Indicators have turned down. But longer term trends are still up.
We’re currently between a rock and a hard place. Wait.
Sigh …….. If only it was this easy.
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Last
8,668.2 |
Change
-89.000(1.02%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,757.1 | 8,757.1 | 8,648.4 |
| XJO (ASX) Chart |