XJO 0.13% 7,960.7 s&p/asx 200

good shorting level, page-3

  1. 9,803 Posts.
    re: whats the situation quick review of indicators.. xjo daily charts... DiNapoli Detrended oscillator says overbought like wow ... regression channel says xjo has just bounced off the bottom of the upward sloping channel again with 5219 a posssible interim price target.. macd signal line has just crossed bullishly but no steep angle... average true range says volatility trending down since the june low.. adxr directional says xjo has had a bullish cross but the summary line showing trend strength is still flatlining and low... rsi is at 58.4, so positive and not overbought there... all in all, I'd say we're in for a slow sideways to bullish few days..
 
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