XJO
It appears that its only ending wave [iii], so a dip above 5300 suggests more upside as its missing a 4th & 5th wave IMO for wave 5.
The RSI making new highs suggest the end to a smaller 3rd wave, marked wave [iii].
I will be getting short this market, on either a break of 5267, or when i can see a smaller 5 wave advance completed for wave 5, so around 5400-5420.
Gotta put your $$ where your analysis is ;-)
XJOIt appears that its only ending wave [iii], so a dip above...
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Last
7,988.1 |
Change
-25.300(0.32%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,013.4 | 8,013.4 | 7,918.9 |
| XJO (ASX) Chart |