xjo and corresponding shares seem range bound at the moment.
Long term up trend still in place...just. Can tentatively place down trend lines on most weekly charts. ironically intersection of these lines is around late september mid october. Somethings gonna give!
After trading using more complex strategies, and losing! Have returned to basics, focusing strongly on trends and market action. Interesting what you see when you remove the clutter......
Market struggling to find direction, to difficult for someone of my limited skills to trade.
See long term trend support at 4835ish and resistance around that 5080 mark. Not exact numbers, but points of interest.
If iam way out of line, please feel free to spank me!
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Last
8,023.9 |
Change
-3.100(0.04%) |
Mkt cap ! n/a |
Open | High | Low |
8,027.0 | 8,027.0 | 7,990.3 |
XJO (ASX) Chart |
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David DeTata, Managing Director
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