Selling straight bear bars on asx is the lowest probability signal on the index, works well on ftse and HK though.
You'll always remember the one time it worked great. Ok if scalping points under 15m, but for me I'm watching the 20ema's today for entries short as we are pretty stretched here. As far as I'm concerned if it is rejecting 20emas we are going lower.
Just gonna watch this morning how it digests and panic factor. STFR for me
12/02 Indices, page-70
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Last
7,759.6 |
Change
-23.400(0.30%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,783.0 | 7,783.0 | 7,654.2 |
| XJO (ASX) Chart |