Five consecutive days of XJO candles, with each subsequent day of a lower high and a lower low. Albeit it is moving slowly, and is still not at the 6052 level that Jako sees as critical support. The likelihood is however the XJO will have continuing downside but strength overseas is acting as a brake.
My thought is that 6073 is possibly an important support level being the mid point of the large up candle body for the 3rd. May. We shall probably see it play out this week.
Five consecutive days of XJO candles, with each subsequent day...
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Last
7,829.7 |
Change
66.500(0.86%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,763.2 | 7,832.3 | 7,763.2 |
| XJO (ASX) Chart |