Thanks for opening 48&34.
I wish more people would heed your openings plus hard work - and post accordingly instead of sticking to the now out-dated thread.
XJO flat today -0.03% and that final figure hides a big fat bear roaming around the market.
Just look at today’s candle. A huge upper tail. That’s a shooting star of intense magnitude.
And it happened right at overhead resistance.
You can’t ask for anything more emphatic than that.
MACD shows a big negative divergence. Other indicators are overbought.
Expect more downside.
Rb
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Last
8,737.2 |
Change
60.000(0.69%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,677.2 | 8,748.6 | 8,677.2 |
| XJO (ASX) Chart |