I find it interesting that we have an inverted hammer candle 2 days after the US indexes had one, it is also an inside day.
Slow stochastics turning up on both daily and weekly chart, bollinger bands have closed together on daily and weekly charts also indicating a change in direction coming.
Still not able to rise above 50 day EMA and resistance at 5000.
chart for those interested, page-44
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Last
8,205.4 |
Change
55.400(0.68%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,150.0 | 8,210.6 | 8,147.5 |
| XJO (ASX) Chart |