Trading clustered ma's is low probability stuff. I stay away from this stuff.
Launched is right, it's still a 'place your bet market'
Seems all about 7620 for XJO which is a monthly level it has held well in a wide range consolidation.
I was late to desk for the opening drive so only trade I'll be looking for is a counter trend short on the backside 15m TF if ma's stretch enough. I'll be lucky if I see it today in market hours.
On another note, how's those Ftse earnings last night?
ZZZZZ
05/02 Indices, page-57
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Last
8,338.5 |
Change
53.800(0.65%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,284.7 | 8,384.5 | 8,284.7 |
| XJO (ASX) Chart |