So basically the chart (ascending triangle), previous up/ down volume and everything else commented on here pointed to the XJO being 'significantly higher' as said by redbacka a few weeks ago from current levels, but now it seems going higher has simply being tested and rejected and now we are going sideways or down. So it seems that what the market does is anyones guess really... whats the point of technical analysis.
So basically the chart (ascending triangle), previous up/ down...
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Last
7,822.3 |
Change
-9.500(0.12%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,831.8 | 7,831.8 | 7,807.7 |
| XJO (ASX) Chart |