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Hi just latest chart observation. Although SP remained above...

  1. 9,981 Posts.
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    Hi just latest chart observation.

    Although SP remained above 23.5 today (Only registers a low of 24.0 ASX wise), not that impressed with the close among a couple of minor things. (Wanted see min 25.0 but not essential)

    For tomorrow better 23.5/24.0 support remain strong and strengthen by COB (min 26.0 close) leading to a stronger short term chart by the end of the week. (Prefer crack high 20’s be ok? - GL)

    ST support also on 22.0 but won’t mention other support probabilities unless SP closes weaker as me rather not freak people out unintentionally lol. (But hopefully ends week strong be fine fingers crossed)

    RSI somewhat bearish today. (Also Stochastic but not that important)
    SMA ok except shortest period. EMA ok. ADX ok.

    [ST, MT & LT trends are currently ok]

    Just an opinion anyway, good luck everyone.



    PS "the fear of missing out" FOMO detrimental to TA.
 
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