Mongo,
The low on Thursday 6 August (not 7, my mistake and thanks for keeping me accurate) was 992.49.
5 days later, the Tuesday just passed, the low was 992.40.
Then, the next day, it was up, and last night, it was up again.
That's a higher double bottom for my mind.
If you don't see it that way Mongo, I'm happy with that too.
I'm guessing that a few fund managers saw it as a higher double bottom on Thursday in Aussie when the market went ga ga up +2% or something. Just guessing.
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