PB, I'm no expert, lol...but that candle was a beauty. Or ugly, depending on your position.
I posted Saturday that it wiped out gains since Wednesday.
80.50-81.0 looks the top of wave 3, so if a 3-waver it'll retreat for now....if a 5 waver retreat also but come back for 5.
Negative divergence on the MACD, with both daily and weekly charts topped.
Whether it's up from here for a few days yet...or the long-awaited down..? The same questions that apply to indices apply to the dollar.
It would not surprise me in the least if March is a high for equities instead of a low...and vice-versa.
max monday, page-2
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Last
7,831.8 |
Change
91.900(1.19%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,739.9 | 7,835.7 | 7,739.9 |
| XJO (ASX) Chart |