XJO 0.87% 8,283.2 s&p/asx 200

tuesday expectation, page-27

  1. 17,444 Posts.
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    The SPI dynamic bands are the problem for much more upside this week/month.

    Monthly upper is about 4406ish and yes we got well above that but came back.

    Weekly upper is 4425 and that was our top yesterday.

    Daily allows up to 4480 but you get the feeling that any more upside needs to wait for a new week and a new month OR next week.

    Then the problem is that yearly limits are pretty much in and although all things are possible, the odds are maybe not in the bulls favour much higher or longer.
 
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