The underside of the wedge has proven to be resistance in the last 2 days. The SPX and DOW are telling a similar story.....I wonder if Laundry's original call will prove to be the right one. I recall he started changing his mind back and forth around the march bottom as well.
The XJO has pulled rather sharply away from the bottom of the rising wedge this morning.
thursday trading, page-115
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Last
8,118.8 |
Change
-41.200(0.50%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,160.0 | 8,160.0 | 8,063.2 |
| XJO (ASX) Chart |