XAO 0.43% 8,083.1 all ordinaries

We still in the no mans land for direction stt? No break down...

  1. 17,262 Posts.
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    We still in the no mans land for direction stt?  No break down yet of the exp 200 day moving average but now two lower highs on the chart .

    My longer term linear is all in sell on the xao with no direction in the short term .  Weekly doji appearing as the candle stick .

    Showing respect to the fifty percent retrace on the fibs from the highs so a higher low in place currently .

    Bit like a make or break down point currently .

    I see Free using the adx there in a scan and currently strength of trend is down by the looks overall stt . I use it in a scan but never chart it much so interesting see where it goes .

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