today is new moon, should see the market higher, yep test the recent high around 12950.
Then it should consolidate for a few days and power on towards the high in early May.
If it breaks that high then it'll be an impulsive move to 14000ish.
So I made a chart to back my claim up.
And another chart. If the 2nd line from the right is penetrated, the 3rd line from the right should be quickly tested from below.
redbacka's - bald as a billiard ball thursday, page-29
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Last
8,057.9 |
Change
58.600(0.73%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,999.3 | 8,083.7 | 7,999.3 |
| XJO (ASX) Chart |