Meanwhile, the US dollar index has "double topped" with May 25, at 87.4.
March 2008 high was 89.4.
So from here, it either breaks through and makes new highs, or starts the long-overdue retreat from overbought.
Daily and weekly stochastic overbought, Daily MACD crossing down, negative divergence too.
But if just keeps going higher....Just like DJIA, SPX did.
rba tuesday, page-46
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8,127.6 |
Change
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Mkt cap ! n/a | |||
| Open | High | Low |
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| XJO (ASX) Chart |