robbbbbbbb,
yeap. Interesting one tonight after the rallies today. Might be tempting after ignoring everyone the last 2 nights to again do their own thing tonight.
Looking at the daily chart for the Dow, I see a clear base at 8500 broken, with an initial downside target of at least 7700 followed by 2 red candles. Now to me that's pretty bearish, but it doesn't stop it trying to retest 8500 again(for the 3rd time tonight) I suppose.
One other thing in favour of a rally tonight I suppose is that the futures down move this morning was incomplete. Also, BHP hasn't bounced back to $26 yet, so that might suggest it will get the opportunity tomorrow.
robbbbbbbb,yeap. Interesting one tonight after the rallies...
-
- There are more pages in this discussion • 45 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
7,865.5 |
Change
14.800(0.19%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,850.7 | 7,898.7 | 7,846.6 |
| XJO (ASX) Chart |