Short term it looks like it might drop lower though.
Here's a 15 min candle of the XJO. See how it's tried multiple times to break that declining resistance line. Broke through this morning for and the line served as a support for a bit but it looks like its back down again. Both Stochastics and MACD and pointing down as well.
Then again I'm the most amateur charter here so don't take my word for it. Just sharing my opinion.
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Last
8,734.9 |
Change
95.900(1.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,639.0 | 8,745.2 | 8,639.0 |
| XJO (ASX) Chart |