Well if it looks like a duck and walks like a duck then it must be a..................
Sorry, warped sense of humour.
Yes, SP is still printing above both the bollie median and the 8ema which is a bullish indication. Still concerned about only seeing wicks at .105 on strong days for the ASX but that's just me. If that darn MACD would cross positively I'd have more confidence but until then I'll observe.
Here's some shorter time frames, see what I mean about wicks? The demand just isn't there at the moment. Needs someone to come in and go whack and wipe .105 - .11
Cheers.
Well if it looks like a duck and walks like a duck then it must...
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