Thanks Belfast for the heads-up on the announcement - which did indeed do the trick. What a day.
The pennant formation OEX has just broken out of (one of the most reliable formations in TA) says it will go to 1.93. (Assuming a textbook performance.)
1.93 is also the alltime high, right above the market now.
So you would have to say that 1.93 is looking pretty strong as a short-term target right now.
Pennants aside, the chart Monday night looks extremely strong, with the close at the day's high - on high volume.
OEX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held