ten to fifteen percent downside is on its way imo.... that puts a 3 at the front of the xjo.
Fwiw 4200 looks like a double bottom last year but it is perhaps not as it seems... the 'flash crash' got down to the same price level but then recovered within the overnight trade so it doesn't show up on the cash chart... worth keeping in mind.
bollingerbob's - nice little panic monday, page-11
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Last
8,266.2 |
Change
-28.900(0.35%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,295.1 | 8,295.1 | 8,246.7 |
| XJO (ASX) Chart |