XJO 0.18% 8,300.2 s&p/asx 200

max monday, page-26

  1. 18,331 Posts.
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    Nine Lives - that isn't one that I follow closely but looking at the daily (and you can see it on the chart you included of the weekly) there is a lot of overhead resistance now above 3.1/3.2. What has been happening on most of them over the past couple of months is that they just keep trying to rally but every time get hit on the head with heavy selling. That is what I don't like. But then put up the chart of National Bank. Hello!! OK it is weaker than most leaders but every rally has been cut short with selling. Hence my argument that there is very little difference between a VIL or a BHP.
 
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