XJO 0.79% 7,788.3 s&p/asx 200

Drive In Movie Tuesday, page-2

  1. 9,390 Posts.
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    Heiken-Ashi charts have a great way of ignoring knee-jerk reactions.

    They're delayed - but concentrate on trends.  

    XJO down today -0.57%.

    Here's the H-A Chart:



    Today's candle is mildly positive, mildly negative.  But not bearish.

    Short term indicators remain on buy signals.

    DMI which is a slightly longer trend indicator remains on a bear signal.

    OK.  What does all that mean?  Answer:  Wait.

    RB.
 
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