Yeah, we don't know until we do but the signs are building. The Dow had a big daily outside reversal to the downside on Friday. SPX as well with both having weekly downside reversals.
The transports peaked in early May and have been grinding lower.
The markets are certainly poised to break lower.
Gold has been under pressure since 10am and "our friends" are very busy working it lower.
Evn tapped support at $4.23 and now needs to close above $4.30 to indicate any strength.
EVN chart, page-2063
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 (20min delay)
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Last
$4.34 |
Change
-0.020(0.46%) |
Mkt cap ! $8.631B | |||
| Open | High | Low | Value | Volume |
| $4.37 | $4.40 | $4.34 | $26.32M | 6.035M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 38342 | $4.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.35 | 4283 | 3 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| EVN (ASX) Chart |