Evening folks.
Just looking at the XJO charts in prep for next week. Am I the only one noticing the potential for a head n shoulders if we rally up strongly this week based on the monthly chart? I'm not sure that's likely anyway, but I noticed it.
I've marked 5706 to the upside and 5580 to the downside as significant areas on the 10 min Monthly line chart.
5700 seems to be a significant resistance line formed recently. 5580 on the downside could see another run down.
this week
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Last
7,769.4 |
Change
-0.300(0.00%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,769.7 | 7,772.0 | 7,753.4 |
| XJO (ASX) Chart |