Do we have a double-top, with neckline at 4624, top at 4700 (from By50's nice chart), and target at 4550?
Nothing is for sure. But it might be worth a try. Hope this is the small correction we have to have in September, and rally to new recent high into Middle October for a bigger correction we have to have. It will be Mrs Bear's last buying opportunity (of course, not for traders, they can have millions in a day).
Well, this is my game plan. I might stick to it.
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Last
8,668.2 |
Change
-89.000(1.02%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,757.1 | 8,757.1 | 8,648.4 |
| XJO (ASX) Chart |