This looks good for bulls from here without international influence (could still be a trap but I have to trade what I see)
I still expect an after hours stop hunt to make sure new bulls don't hold new long positions
Bottom of my bullish intraday uptrend channel has held for me
So all it needs to do is take out the 7250 fence at the close or after hours & it'll retest 7310 consolidation top this week before Thursday
7260 top tomo is still a bull trap (bulls don't clear that they're in trouble as we reset again)
If it gets through 7310 this week before Thursday I then have 7350 is top of new bear channel or 7380 top of bull channel lower range
These numbers vary based on the time of day & which day of the week it tests
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Last
8,630.3 |
Change
59.900(0.70%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,570.4 | 8,632.8 | 8,570.4 |
| XJO (ASX) Chart |