For the local market it is caution time for Feb.
The chart is monthly dynamics since mid 2004.
It suggests Feb could go higher and even close higher to match the best few months since then.
However, we are the risk area and certainly not aplace to be adding serious longs, at least till the month is over.
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- redback report week ended 11/2/2011
XJO
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8,591.8

redback report week ended 11/2/2011, page-4
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Last
8,591.8 |
Change
11.700(0.14%) |
Mkt cap ! n/a |
Open | High | Low |
8,580.1 | 8,593.6 | 8,558.3 |
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