My post from this morning on the Wednesday threat:
"There was a little double bottom with bullish div on the hourly chart which there is a high probablity to play out first.
However, the double top yesterday had a bearish divergence and that was on the bigger timeframe, hence overriding.
So, my gameplan is to let it finish it's double bott play with target at 4310ish or re-testing the uptrending support line and then look for a technical short entry."
We are now testing the uptrending support line, if it stays below I will look for a reversal pattern short entry
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Last
8,668.2 |
Change
-89.000(1.02%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,757.1 | 8,757.1 | 8,648.4 |
| XJO (ASX) Chart |