Thanks Mongo,
So most of this week we've been outside the bottom bollinger band - generally the market only is outside it 5% of the time, so the oversold condition of the market, the level relevant to the BB, has me with a long for a bounce back up to at least the 4700 level to work off the overbought status and set a lower high.
T
friday thread #2, page-47
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Last
8,295.1 |
Change
68.800(0.84%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,226.3 | 8,319.4 | 8,226.3 |
| XJO (ASX) Chart |