Nothing gets me more bullish than an outbreak of extreme pessimism. The 2 day correction in XJO is bullish, because it successfully retested the critical support provided by the August (closing basis) low. It also flushed out some weak hands, and turned the goblins among us bearish. So tomorrow should be an up day, unless Wall Street turns pear-shaped tonight.
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Last
8,269.8 |
Change
57.600(0.70%) |
Mkt cap ! n/a |
Open | High | Low |
8,212.2 | 8,285.7 | 8,212.2 |
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XJO (ASX) Chart |