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1.44%

7,793.3 s&p/asx 200

Concur mate, look for that exponential and this will be the...

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Sydney03

131 Posts.

27

06/08/21

15:58

Post #: 55091937
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Originally posted by bensh10: ↑

It's ATH. So I think bulls are trying to establish confidence here by slowly but consistently pushing it up.

If successful, it probably goes near vertical before any major correction.

Very difficult to trade. usual short term strategies (at least those that I use) not working.

Looks like it's about the longer time frames, and whether one trusts that it broke above the previous ATH and so it should have a decent run to say 8k territory. Or believing that things are bad and so there is still time for it to collapse while at mid 7k. I think she is doing the former.

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Concur mate, look for that exponential and this will be the last....

XJO Value at posting: 7,525.8
1 Upvote

0 Great analysis

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