SPX 4.17% 1.3¢ spenda limited

3 weeks trading in the 1.1-1.3 range on minimal volume. Look how...

  1. 938 Posts.
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    3 weeks trading in the 1.1-1.3 range on minimal volume. Look how tight the bollies are on the daily, something has to give shortly. Remains to be seen whether we will break up or down but likely lower going off current trends.

    Hopefully we can break this long term down trend with some serious positive news flow & volume.

    Like you said 1.3 is key resistance level atm, then if we can break and hold above the 50MA at 1.7 we could show signs of life once again.

    https://hotcopper.com.au/data/attachments/4376/4376473-fbc1c25ba967b903f1fcd6bd60cecdc7.jpg

 
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