Big resistance coming up here at 7290-7300
On the flip of that big support now (backtest) at the following levels
7250, 7240 or 7230. Look for the short at 7290 area back to min 7253. In the middle atm, so dont want to premature long or short here.
There will be alot of stuck shorts now so i expect market to consolidate/go sideways with levels mentioned as extremes to trade.
All IMO
11/09 Indices, page-200
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| XJO (ASX) Chart |