These charts are basically highlighting a pattern of how the SPi likes to visit the 200MA daily, now im suggesting it could be due for another kiss around the end of febraury 09 ???
The 2nd chart just a nice simple stochastic which i like using to buy banks on a weekly chart
Given the monthly is suggesting some upward movement or at least a reprieve from selling, then the weekly to me suggests a range which could support the 200MA kiss in febraury 09
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,639.0 | 8,776.4 | 8,639.0 |
| XJO (ASX) Chart |