Nice one PB,
My techo stuff is saying much the same with this being a "make or break" time for the market.
Hourly currently suggests downside is the go, but there is enough stuff there to support higher prices in the short term, with 4500 odd still being the line in the sand in my opinion.
Personally it all comes down to whther the current hourly chart has just traced out a 3 wave corrective structure, or is starting a five wave trend changing (to the upside) move.
More details in the blog in sig, am still on the last day of my "holiday" so saving you all from posting my usual longwinded spraff today :)
;)
Nice one PB,My techo stuff is saying much the same with this...
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7,767.5 |
Change
7.900(0.10%) |
Mkt cap ! n/a | |||
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| XJO (ASX) Chart |