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Quite surprised at the market Jako, thought it may have taken a...

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Ravgnome

14,186 Posts.

32

06/09/17

21:37

Post #: 27045354
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Originally posted by Jako8557 ↑

Thanks Rav,

Somehow it seems the underlying market is stronger than it appears at the minute.
(probably because the finance sector is so large and dominant in our market & it is trading 'sideways to down' at this point in the cycle).

From the reversals scan - ASX saw some support come in today and can be watched,
& although BLD has broken down below the sideways range it was previously in, some (speculative ??) support was aso seen here today.

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Quite surprised at the market Jako, thought it may have taken a breather before now.
I had a few start in the green this morning, faded into the red, and rallied into the last 15 minutes.
Someone hiding their tracks perhaps.

Cheers.
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