A bullish scenario below.
A small head and shoulders (green) forms and completes to take us back to the neckline of the larger H&S formation (blue). Looks like the makings of inverse H&S on a few other charts too (e.g. oil). ON the other hand if it falls below the 50 day ma or lower line of the wedge a retest of the lows looks pretty likely.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
8,561.8 |
Change
-68.500(0.79%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,630.3 | 8,630.3 | 8,544.7 |
| XJO (ASX) Chart |