How can we talk about H&S after nearly 30% correction? It more like reverse H&S to me.
BTW, where are all bears?
I did a little study, from 1998 to 2007, August is pretty much an even month, AXO range from -230 in 1998, and +260 in 2007.
It has 3 down year (1998, 1999, and 2001).
If combined Aug and Sept, the range is from -329 to +591, and 4 down year (1998, 1999, 2001, and 2002)
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 (20min delay)
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Last
8,773.5 |
Change
28.300(0.32%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,745.2 | 8,821.0 | 8,745.2 |
| XJO (ASX) Chart |