XSO 0.15% 2,992.0 s&p/asx small ordinaries

The Brains Trust - 2021, page-1984

  1. 3,447 Posts.
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    Volume should increase in the direction of the trend as a sign of strength.

    So the downtrend looks strong here unfortunately.

    Hopefully it is getting towards capitulation point for you.

    Its right at the 2/3rd (66%) retracement from last high. A sort of last line of hope for longs wanting a change in trend back up.


    I don't use indicators but one or more may diverge from price action to give a signal. I'm sure someone else here can help you there.

    Just my opinion and hope you can have a win.
 
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