XJO s&p/asx 200
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The financials index appears to be faultering! Is this a sign to...

  1. ENIGMA
    1,328 Posts.
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    11/07/06
    22:38
    Post #: 1668776
    The financials index appears to be faultering! Is this a sign to keep our wits about us? Was not expecting this weakness in the banking sector yet.



    Having faultered near a fibonacci 61.8% retracement from the recent low(trend change indicator), and having appeared to have broken a 1 year plus supporting trendline - do we need to excercise caution? Time will tell.

    XJO Value at posting: 0.00
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