The 3780 level I mentioned in an earlier post is rising ever so slightly but has been tested and failed twice today. The centre line of the pattern seems mildly significant too.
As I mentioned earlier, if the bulls couldn't break that level then it's a bearish signal. Downside break from the expanding wedge is more likely than up imo and the next level lower I have is 3700 as shown on my earlier hourly chart.
tentative tuesday shorting, page-75
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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 |