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General Discussions, page-12149

  1. 614 Posts.
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    the current resistance is 180 but we are in an ascending triangle pattern expected to complete around 10 August after which (if 18 holds) the next resistance is 200, attached chart show 160 triangle expected to breakout yesterday (rare to see a prediction so accurate and relieved as I topped up at 160 day before). Next resistance/support after 200 is 220

    Volume, stochastics and RSI healthy and climbing, market sentiment seems to be changing/stabilising.

    SPX and XJO have been working a downward sloping channel but appears to have found some support (started 5th July, for now). XJO currently at upper point of that channel and sitting on March 2021 support.

    I've updated my sentiment as buy/held.

    https://hotcopper.com.au/data/attachments/4521/4521549-83557b20a7b0caf3e1a8982e83a23306.jpg

    https://hotcopper.com.au/data/attachments/4521/4521556-51d92b6b0d47b5844328a5510a9a4c0a.jpg

    https://hotcopper.com.au/data/attachments/4521/4521552-0782904a343dae931ce9a36551d805af.jpg

    I'm only saying it as I see it. Do not take as advise.
 
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