The low before the low is 4850 on CMC 24 hr charts.
This area is always important support.
Being 24 hr it will probably be tested overnight, probably tonight.
A failure there suggests a first week of July low in the 4500-4550 area and Dow 10300.
Market sentiment is extremely bearish which is a positive but the initial movement into a trend usually sets extremes as a kick off phase. This may be the case here.
lovely late day selloff expecting, page-2
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Last
$62.69 |
Change
-0.990(1.55%) |
Mkt cap ! $12.15B | |||
| Open | High | Low | Value | Volume |
| $63.32 | $63.49 | $62.39 | $33.80M | 538.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1702 | $62.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $62.72 | 22 | 1 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| ASX (ASX) Chart |