Friday looks to have made a bottom of sorts. Retraced 23,6% of the recent run up from feb9 low on a 72 day cycle.
Also of note is 220 cd from 17/9, and 288 cd from 8th july. looks like market has forgotten about GS for the time being. Some very strong cycles suggested a reversal when the GS fiasco hit, but the market is ignoring them in this bullish phase.
Volt,,didnt Ferrera say a low on the 23rd ? Could have been relevant to our market.
lowbrow friday, page-75
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Last
8,034.7 |
Change
46.800(0.59%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,987.9 | 8,048.5 | 7,979.5 |
| XJO (ASX) Chart |