XJO
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0.34% 7,796.0 s&p/asx 200

oversold, and here is why

  1. coldhelium
    1,071 Posts.
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    04/10/11
    08:59
    Post #: 9044068
    Posted this on the general thread, sorry. Repost here.


    Some interesting compassion (5% margin of error) as I am viewing on yearly chart. However using true comparative numbers so it get the point across.

    XJO GFC low: 3270
    XJO Current: 3819
    Percentage to fall until reaching GFC low: 14.5%

    Dow GFC low: 7026
    Dow Current: 10596
    Percentage to fall until reaching GFC low: 33.15%

    SO currently we are grossly under performing compared to the US marker.
    XJO Value at posting: 131.50
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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XJO (ASX) Chart
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