XJO 0.10% 8,212.2 s&p/asx 200

friday fifth february, page-90

  1. 2,535 Posts.
    irnka, I agree with your sentiment re: doji.

    Hard to see a sustained rally next week though the RSI is sooooo oversold and just begging to bounce off a double bottom.

    What do the (much) more knowledgeable TA posters think about support and prospects if 4500 support is breached on close?

    I was thinking to bail a large chunk of my portfolio (heavy on junior resources... eek) if it closes decisively below 4500 or 4400, but v conscious that is easy to get whiplashed out (e.g. dumping heavily on open on a hammer candle day).

    If 4500/4400 is taken out convincingly what's the next stop? GFC2? :)
 
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