XJO down moderately today -0.54%.
That takes the index down to the 50-Day MA, which often provides support in a pull-back.
This is the first time since early October that the Index has pulled back to the 50-Day MA.
The indicators are showing a mildly oversold condition. So we might see some more downside but not much.
Captain Obvious Thursday, page-3
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Last
8,295.1 |
Change
68.800(0.84%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,226.3 | 8,319.4 | 8,226.3 |
| XJO (ASX) Chart |