IMUGENE CHART. TA only, page-33657

Another great example of the SP spiking too far out of bollie bands and getting smacked back down. Traders delight but I missed this one unfortunately.

Question now is will the bollie median support it as it has done in the past 2 weeks. Many will happily play that range between the median and the upper but if it fails then it's likely to tag lower bollie IMO.

Certainly worth paying attention as there's now opportunity again.

Cheers



Weekly?? Nothing to write home about IMO, it's certainly improving but lacking any strength.



Intraday important stuff and we want to see some volumes flow into the buying to grab some attention, let's set some alarms off.



Sector is still thundering along.


Hedges.




Cheers