Didn't quite get to my 4750 SPi level but close at 4758.
The following chart has it nicely.
Bollinger Bands and 50 day ma provided support.
The 50 day is important to many and so should be respected as are the BB's.
So SPI COULD bounce to over 5900 to BB midpoint or to the 10 day ma which is a great short term tool.
MACD though is broken and although it may allow higher prices it is unlikely to achieve more than a kiss rebound IMO.
a day too early..stay calm, page-5
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Last
7,971.6 |
Change
-64.900(0.81%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,036.5 | 8,036.5 | 7,923.6 |
| XJO (ASX) Chart |