XJO 0.34% 7,796.0 s&p/asx 200

Hey BigDaddy,That correlates well with where I see possible...

  1. 174 Posts.
    Hey BigDaddy,

    That correlates well with where I see possible resistance on the asx200...4750 would be almost smack on the 200 day moving average and around the same area the 50% fib retracement levels from 4450 -> 5000.
    Not my area of expertise but whilst on the topic of chart patterns we have what appears to be a bearish symmetrical triangle formation ... draw a downward trendline from the top of the high that started on the 12.04 and also draw an upward trendline beginning on the low of 19/4.
 
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