Some observations from a strictly price action point of view since alot of indicators have been rendered useless by numerous negative divergences on all time frames failing to catch any market turn. For the bullish case the DJIA has broken up over its fib fan resistance.
The SPX is making a dash for fib resistance around 1360
The aussie market still appearsmore bearish with the AUD/USD not confirming the new highs trading under its previous suppport
The XJO is also looking to be running out of room with some stiff resistance straight ahead
Some observations from a strictly price action point of view...
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Last
7,629.0 |
Change
42.000(0.55%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,587.0 | 7,640.2 | 7,587.0 |
| XJO (ASX) Chart |