Morning all, that was a cracker of an hour of power. Pity I was asleep lol. Volatility is king at the moment.
Nice big triangle forming on SPI too which we broke this morning but an initial gap up might put us above the line if I have done the numbers right.
If not then we may see the lows tested today.
Martin Pring has a pattern that looks like a head and shoulders but the shoulders are bigger than the head. It is a reversal pattern and looking at the chart below we may be forming it. Lows have to hold though.
Volt, could you please post your SPI/XJO premium chart as I wasn't watching it last week? Ta.
lets just call today what it is... thursday
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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 |