JA, gotta agree with upside almost being cooked on S&P. 60 min chart below shows we are overstretched but a small pull back can easily reset the stoch to allow more upside. I've drawn a few lines I think are important and that H&S is good enough for a trend change confirmation for me. Trend is now very definitely up and it's getting close to pullback time imo.
fanciful friday - the rally continues, page-4
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Last
8,083.3 |
Change
38.200(0.47%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,045.1 | 8,085.0 | 8,045.1 |
| XJO (ASX) Chart |