Yes it does. Use it to define direction or possible turns as a leading indicator. I'm not here to argue FA and TA, take it or leave it. (XJO green COPPER purple)
Please post your fundamental leading indicator of a turn day or direction of the index with proof of back testing and I'll be a keen learner.
friday trading, page-52
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Last
7,672.5 |
Change
22.900(0.30%) |
Mkt cap ! n/a | |||
| Open | High | Low |
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| XJO (ASX) Chart |