I think a test and bounce of 4500 looks likely and that would get some short covering and a very quick rally up. How high this goes is the question. High enough to take out most of the shorts. After that I think the downturn is going to get worse.
I think a test and bounce of 4500 looks likely and that would...
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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 |