Just took another peek at the Dow:
Both stochs/macd seem to be at similar points to June 09 period (red circles)... a little bit similar just an observation.
If that down range plays out its approx 1 month from the top to the bottom ie continue uptrend approx 17-18 March. That range also places us near long term horizontal support resistance (red line) and the 23.6% fib level.
The dow is sitting on the upwards channel support... see tonight if holds or breaks...
Slight divergence in aussie market as well today ie Small ords versus the usual sector climbers.. Flight to safety?
thursday, page-8
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8,285.2 |
Change
61.200(0.74%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,224.0 | 8,285.2 | 8,224.0 |
| XJO (ASX) Chart |