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1.29% 7,861.2 s&p/asx 200

short term uncertainty - wednesday, page-19

  1. Tanotfa
    2,598 Posts.
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    18/12/13
    14:59
    Post #: 12716233
    Maxi48 ... Admittedly the 38.2% retracement level(~ $5.00), of the L/T range you are referring to, is a level to watch(for L/T holders) BUT its been a major resistance level for over a decade and I don't like the build-up of -ve divergence on the Weekly charts and the current 'sell' signal right here(@ or < $5.02 by Friday's close).



    XJO Value at posting: 5,095.6
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    lightbulb Created with Sketch.  Great analysis
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