The immediate technical reason is that break of resistance at the 62% Fib retrace level..every trader and his pet budgie are looking at that spot..because its the most common breakout in any time frame.
SPX Chart, page-4
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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $38.92M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $2.533K | 315.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 832086 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 5760915 | 12 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SPX (ASX) Chart |