XJO 1.10% 8,075.7 s&p/asx 200

can't believe it's friday!, page-4

  1. 7,728 Posts.
    Lol, Sera, these days money is just virtual digits on a web page of your bank balance.... just hitting keyboard keys to spend or save.

    Mixed messages for our local market....

    BHP, Macquarie, ANZ to name just a few have gapped up which may indicate island reversals about to happen.

    ANZ is at support during April highs, so that could be resistance. Another buck brings it to the April high.

    XJO has made no new high since Monday, despite the best efforts of BHP and the banks, and stocastic is not only declining, but showing negative divergence.

    We are at or very near a peak, so time to be more wary than usual.
 
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