Bulls were in control yesterday, bears were in control overnight. Price action immediately after market hours was nasty. Didn't see that coming. That's the market for you.
I've exited my longs I was holding from last week. On the sidelines for now.
4 Hour and Daily chart looking very toppy. Bulls will need to rally and hold above 7420 (CFD) today to keep momentum going.
If it can't hold above that level, I'll start planning a short, looking to retrace into last month's range.
26/07 Week, page-250
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Last
7,861.2 |
Change
-102.500(1.29%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,963.7 | 7,963.7 | 7,861.2 |
| XJO (ASX) Chart |