If the index opens up then reverses with a degree of conviction that will be my short entry. Otherwise just watching this evening. Conscious of the 4th test of 1037 giving that level up then to 1044 at the Oct 08 high.
The outside day down Tuesday last week was too big to believe meaningful but it is what it is and that's another bearish flag to keep in mind. Perhaps because it was so large its effect is taking a bit more time to filter through.
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Last
8,677.2 |
Change
9.000(0.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,668.2 | 8,714.6 | 8,652.6 |
| XJO (ASX) Chart |