I get the feeling that this market will only present a tradeable long when we have total capitulation, so far we are only down 2 days from the support zone, hardly oversold. 4200 on the XJO looks like the next stop. I would like to see a really large candle to the downside before i would feel confident of being close to a bounce.
DYOR
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Last
8,205.4 |
Change
55.400(0.68%) |
Mkt cap ! n/a |
Open | High | Low |
8,150.0 | 8,210.6 | 8,147.5 |
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XJO (ASX) Chart |