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ASX Today, page-9174

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    This is what I was looking at this morning on the hourly chart and had a feeling (guess) with LSE results, we were always going to touch the bottom of the ichi cloud:
    upload_2017-7-21_16-43-49.png
    My guess (as this was all IMO) was we would hit a high of 3.3c (which we did by getting to ichi cloud)...and hoping to stay above 3.0c (which we did). It will be interesting to see how LSE goes tonight and of course any Anns before open on Monday. We are now looking at this:
    upload_2017-7-21_16-46-47.png
    I would love to see us break the 3.3c barrier and head into the cloud to test the top of cloud near 3.9c.
    If however LSE or another indifferent Ann comes out, and we break below 3.0c, then we could see a run back to 2.6c to test a double bottom. I know this is all just TA stuff and we know 88E is driven by more than charts, but it is good to take all information on board to understand where supports and breakouts could occur. I am not an expert and this is all IMO so do not follow what I say...just enjoy your weekends and hope I can call it right next week too!! Laters and GLTAHs
 
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