I thought it was the shorts taking profits because wave 3 had reached 262% of wave 1 and a predicted level.
I guess there were probably several reasons.
I wouldn't be surprised if the XAO now retraced to 4715 - 4760 before continuing down again.
is it cycling according to vibration number?, page-31
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Last
8,017.0 |
Change
28.900(0.36%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,988.1 | 8,057.9 | 7,988.1 |
| XJO (ASX) Chart |