XJO Daily Chart
(I wonder how long it will be before Fadzy naysays this post? Probably about half an hour.)
Technically, the chart indicates that a short-term downwards move is imminent. Could bounce off weak support at 7790. Otherwise the chart indicates a fall to about 7670.
Considering current fundamentals, there is a caveat. I expect that if Old Joe bows out of politics then, provided that his replacement is not a laughing moron, I predict that most markets will surge, for a day or two at least.
XJO Daily Chart(I wonder how long it will be before Fadzy...
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Last
8,335.0 |
Change
51.800(0.63%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,283.8 | 8,349.7 | 8,283.8 |
| XJO (ASX) Chart |