XSO 0.32% 3,055.3 s&p/asx small ordinaries

The Brains Trust-2022, page-1669

  1. 17,990 Posts.
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    @Barney82 - As my monthly chart of the XJO is drawn on semi-log scale it does give a slightly different appearance. One thing about the XJO, its highs tend to take some time whereas the lows are sharp moves down and generally fairly quick recoveries so actually trying to pinpoint a low is a hard game. I agree that there is support around 5000 but my main uptrend at the moment comes through at about 6000. I just love the fact the main uptrend channel here is parallel which to my mind gives it credence. Despite all of this, I am going to nervously wait for a bit

    XJO MONTHLY.jpg
 
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