Good morning all
I am interested in hearing others opinions on the direction we can expect for the comming week / weeks.
I am bearish based on the overbought nature of the SP and the market indexes as a whole. My targets are a test of the 68.1 fib retracement at around 29 and then a resumption of the rally but should the 29 mark be breached then a test of the recent down trend at the 26 level would be my next target.
Look forward to the more experienced heads giving their thoughts.
MDP
question for the chartists
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Last
$41.85 |
Change
-0.810(1.90%) |
Mkt cap ! $212.2B | |||
| Open | High | Low | Value | Volume |
| $42.02 | $42.09 | $41.75 | $363.9M | 8.643M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1394 | $41.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.86 | 6287 | 27 |
View Market Depth
| Last trade - 15.34pm 19/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |