The XJO 200 and 55 day SMAs are currently at low to mid 3800s. also Robbb's 41 day ema, which provided good support for 2 weeks at the last low is also around mid 3800s. On the weekly a 13 ema seems to fit nicely for support/resistance in the last 6 months and is also in the low 3800.
If we do go all the way to those support levels, and they hold, then the XJO still has 100+ points to lose IMO.
terrific tuesday..., page-59
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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 |