I apologise to whoever it was that mentioned FTSE 5000 as support.
The CMC chart shows 2 supports there plus previous lows.
It probably suggests the pattern would be a broadening top which is the bigger worry, and measure an equal move lower on a bounce/break.
friday thread #2, page-42
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Last
8,062.0 |
Change
-29.900(0.37%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,091.8 | 8,091.8 | 8,041.3 |
| XJO (ASX) Chart |