I'm a bear longer term but I am a bit worried that the short term bear case is a bit too obvious here. Overbought, downtrend lines being tested etc. I'm wondering if the market wants to spring some sort of surprise just to get a few more people on the bullish side before wiping them out again. I need something to confirm that this rally is over and I haven't had it yet. Having said all that they will probably rip the bottom out of it tonight!!
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Last
8,589.3 |
Change
-13.700(0.16%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,603.0 | 8,617.0 | 8,572.1 |
| XJO (ASX) Chart |