Based on technical analysis if you look at the long term trend line since the early 90's, it suggests the all ords may still have a few hundred points to shed before hitting its support.
Any thoughts?
long term trend line
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Last
8,094.3 |
Change
-111.200(1.36%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,205.5 | 8,205.5 | 8,094.3 |
| XAO (ASX) Chart |