Thursday Evening Liqueurs. 22 September, 2016.
The Fed induced rally in America rolled around to Australia today. XJO up +0.65%. Volume was above average. So a little profit taking was probable. That's evident in the small drop off in the XJO in the last hour or trading - but nothing to indicate that a bearish mood was developing.
The Index got close to horizontal resistance 5406, but not close enough to induce any sort of reaction to the downside. Today closed at 5374.5.
So we will probably see a strike upwards tomorrow at that resistance level which is about 30 points above the closing level today. That's about 0.65% above today's closing level. Look for a pullback around that level.
RB
Checkers Friday, page-2
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,971.1 |
Change
105.600(1.34%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,865.5 | 7,976.9 | 7,865.5 |
| XJO (ASX) Chart |