can't believe it's friday!, page-23

RSI looks bearish.
If the MACD turns negative and we slip under the middle of the bolly bands, then i reckon we'll see a retracement.

Good buying opportunity around the 200 day moving average.

Until we break through 4700 and up to 4750, I can see a bounce coming.As we come into the end of the reporting season, the market might dip before having a xmas rally to punch through.

Of course if all that happens beforehand....well thats great too.



Sorry this is a chart of the XAO but I just realised after uploading it. But you get the picture.