The market is doing what is want to do. Targets, cycles are all illusive. I found it is critical to use the correct money management system to stay ahead.
Looks like the range has been defined, and expanded to 4400 to 5000. If so, 4700 is the middle. If long from here, the risk is increasing.
Nevertheless, if you believe it is beginning of a bull market, jump in now is not a bed idea.
I would be cautions to get in now because I believe it is still the range trading market. Until everyone agree it is range trading market.
Good luck.
max monday, page-34
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Last
8,300.2 |
Change
15.000(0.18%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,285.2 | 8,317.7 | 8,244.3 |
| XJO (ASX) Chart |