Judging by modest rate of increase in XJO over time I have drawn a few trend lines going back to 2000 (monthly).
If we believe that the Nov O8 low was a bit of an over reaction, we have hit a low.
The question is will we get an over reaction?
IMO very little if any.
hopefulone's - almost there - friday, page-203
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Last
8,118.8 |
Change
-41.200(0.50%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,160.0 | 8,160.0 | 8,063.2 |
| XJO (ASX) Chart |