XJO 0.10% 7,767.5 s&p/asx 200

jaluma, I can't help, but have every confidence that there will...

  1. 4,155 Posts.
    jaluma,

    I can't help, but have every confidence that there will be a smooth transition. Even if there isn't, you can still position yourself to be on the right side of the market in that event.

    This chart was posted a few weeks ago. The trend channel I have at 1781.52 for Tuesday. It is worth mentioning that the channel line was at 1775.46 on 30.10.13 and the high on that day was 1775.22.

    I would has it a guess that the Aussie market is not going to light up while the US market is dealing with these levels.

    There are likely supports in time from the 1yr, 180 and 144 as mentioned yesterday and they should carry it through this week. A spike up Thursday/Friday/Monday would not surprise.

 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.