Yesterday, Supertrend 1.5/7 switched from yellow (bullish) to blue (bearish). That's a short-term close-position trading signal.
For long-term Investors, IMU remains below the Tenkan Sen (Conversion Line). That's the blue dotted line on the above chart. Wait.
Just remember that the general market and IMU are in a bear market which is unlikely to end soon.
The optimism that still often pervades the IMU forum was appropriate in bull market conditions. Those no longer prevail.
Patience will reward long-term investors.
Trade this if you will. Others can wait.
Yesterday, Supertrend 1.5/7 switched from yellow (bullish) to...
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Last
5.2¢ |
Change
-0.001(1.89%) |
Mkt cap ! $382.1M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.4¢ | 5.2¢ | $216.1K | 4.106M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 1854997 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 382882 | 4 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| IMU (ASX) Chart |