Well, there is a smaller picture (from 5th of June) H&S setting up with currently price sitting on right shoulder and a bigger picture Inverse H&S on all major charts.
If the smaller pic H&S fails that is a strong bullish signal for me...
However, at this stage I would only look at it as a shorter term retracement before the next leg down, but I am a girl, we are skilled in changing our minds.. I can also easily change my view depending on future chart development.. :-)
Well, there is a smaller picture (from 5th of June) H&S setting...
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Last
7,822.3 |
Change
-9.500(0.12%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,831.8 | 7,831.8 | 7,807.7 |
| XJO (ASX) Chart |