Below is a weekly chart of the S&P/ASX 200.
The S&P/ASX 200 weekly chart currently appears more bullish than bearish with a higher-high and higher-low formed since rising out of a recent Bull flag. Perhaps it's in the process of forming a Baby bull flag and its fourth attempted BO above major TL resistance - from 2007, 2015 & 2017 - this year! This has got to be IT to remain bullish over the next several weeks otherwise, a bearish H&S pattern may form..
Weekly and monthly momentum remains bullish. Perhaps fourth times a charm..
Smart and Sexy Monday, page-2
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,889.6 |
Change
72.800(0.93%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,816.8 | 7,902.6 | 7,816.8 |
| XJO (ASX) Chart |