XJO got to a bees willy of the daily 200 EMA. So this little bounce is expected. If it continues to break lower over the coming days or weeks, ive got 7400 as the weekly 100 EMA which is also almost exactly 10% from the highs.
Indices 05/08, page-20
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Last
7,649.6 |
Change
-293.600(3.70%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,943.2 | 7,943.2 | 7,635.5 |
| XJO (ASX) Chart |