barnsty, even though i had the 5100/5200 area as a target in early Sept, close to where your pink and white lines intersect,it is looking very doubtful. That would mean going up in a straight line and I dont think we can.Quite frankly I would be amazed if we do.
4700/4750 will be stiff resistance being 61.8 retrace of the down move from the April highs and also meeting with the downtrend line from the Nov.07 highs.
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Last
8,561.8 |
Change
-68.500(0.79%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,630.3 | 8,630.3 | 8,544.7 |
| XJO (ASX) Chart |