Is it fair to say that we are headed for a test of around 4440? 61.8% fibonnaci line for the move up from previous low of 4422 to a high of 5020 has been broken. I don't see any strong support line down to 4440. maybe a slight support at 4500, but i wouldn't count on it.
Unfortunately i have a long position, but it's hedged with another short position. Hopefully I can pick the bottom and close the short position to take the profit and recoup the loss on the long position on the way back up
Is it fair to say that we are headed for a test of around 4440?...
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Last
8,045.1 |
Change
-26.300(0.33%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,071.4 | 8,071.4 | 8,017.7 |
| XJO (ASX) Chart |