pp,
Nice comparison. Makes you think 2800 is a done deal, except we all know not all stocks/indices etc move exactly the same. The XJO chart also shows why we've been hanging around 3500 level for so long.
A good example is compare the charts of RIO vs BHP prior to the RIO takeover offer withdrawn- very similar (probably due to the nexus between the two). But since the withdrawal they've broken out in opposite directions.
Food for thought though.
pp,Nice comparison. Makes you think 2800 is a done deal, except...
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Last
7,767.5 |
Change
7.900(0.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,759.6 | 7,819.0 | 7,754.9 |
| XJO (ASX) Chart |