As I pointed out yesterday, there are in fact 3 head and shoulders operating - much easier to see on the SPX.
The tiny one pointing to 840, which is now over.
The little one pointing to 800, which is now dominant.
The huge one pointing to 450/570., which will dominate the next few years.
Dont forget - H&S are a topping formation and they often overshoot on the downside - with a "waitawhile" at the target.
Its a bear market.
Head and shoulders pattern now formed. Another ral, page-3
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Last
$4.66 |
Change
-0.065(1.38%) |
Mkt cap ! $3.126B | |||
| Open | High | Low | Value | Volume |
| $4.71 | $4.74 | $4.65 | $5.467M | 1.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 3921 | $4.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.66 | 5608 | 39 |
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| Last trade - 14.22pm 20/06/2024 (20 minute delay) ? |
| DOW (ASX) Chart |