SPI
Staying under 5400 is good and suggests more downside as i suspect its in wave [iii] of an initial 5 wave decline from the yearly highs.
So looking lower under 5400, i would like to see a deeper move now towards 5300 to target wave [iii].
Nice back test of the trend line
elliott wave analysis of xjo & spi, page-24
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Last
7,988.1 |
Change
-25.300(0.32%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,013.4 | 8,013.4 | 7,918.9 |
| XJO (ASX) Chart |