Just as a reminder of what is normal here is a yearly chart for Aus market.
You can see that trend line and ma support is in the 4100's and if we get another 1974 2100 would not be unusual.
It is easy to forget what normal action is.
On another chart not shown my monthly "buy and hold" indicator doesn't look like breaking below 20 quite but next month would if we stand still even, so August would be the earliest buy signal that could happen.
Just as a reminder of what is normal here is a yearly chart for...
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Last
7,718.2 |
Change
-32.500(0.42%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,750.7 | 7,754.4 | 7,702.5 |
| XJO (ASX) Chart |