XJO 0.10% 7,767.5 s&p/asx 200

anyway, the 2.30 blip up was a lower high than the 2.00 am high,...

  1. 9,803 Posts.
    anyway, the 2.30 blip up was a lower high than the 2.00 am high, so a lower high probably suggests failure of the bullish test and hence lower afterwards. So then down just below intraday support to test the insto traders - those that are still around - and to take out the shorts just below intraday support. Done. The script says that xjo now rallies into the close - but what if support doesn't hold..
 
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