XJO 0.89% 8,374.0 s&p/asx 200

01/11 Week, page-2

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    XJO's issues appear to be local: RBA, rate hike, etc.
    It should soon go back up to close Friday's opening gap, 7422 (SPI-F) or 7446 (IG Cash), like most other day open gaps.
    Question is: will that be today? or wait for RBA (meaning another red day) then climb and sell the (bad or no) news.

    Anyhow. US now back for the second test of its previously broken wedge (the old wedge currently at 4611). First test failed on 27/Oct (4595).
    As expected, it kind of ignored Apple and Amazon, and went to burn the early shorts on Friday.
    If burned enough, it should go red early this week (maybe today or tomorrow) .


    https://hotcopper.com.au/data/attachments/3745/3745700-4a3610abc361dedd5674b6ef0d88e1c6.jpg
    Last edited by ProfessorBen: 01/11/21
 
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