Hi Charting friends,
Around approx.7 mins after the smart money began to buy while dumb money sold (my previous chart ), the price reached a temporary bottom. Here's the last chart update for today on this counter, the 5 min chart of the XJO at around 11.45 am.
The smart money continues to buy while the dumb money continued to sell...For those doing numbers counting, note that the bar count "9" was reached as marked at the temporary support level as well. ( Bar counts "9" and "5" precede Change in Trend points:))
Happy weekend, and just watch the projected cycle low as we enter the time window in the week ahead:). Enjoy your weekend.
dascore
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Last
8,603.0 |
Change
7.200(0.08%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,595.8 | 8,616.8 | 8,589.5 |
| XJO (ASX) Chart |