Volt,
Interesting observation re upper dynamic bands on xjo - haven't put them in for some time as currently not trading it but last night did have similar thoughts with DAX & FTSE as weekly & upper were very close to opening price (SPX is similar too).
Shorting the weekly turned out ok but manage with tight $$ stops.
5 day uppers have moved up (above weekly) now but weekly obviously same.
I was thinking some kind of consolidation into a channel formation (only guessing).
Whatever...lol
tuesday expectation, page-29
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Last
7,865.5 |
Change
14.800(0.19%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,850.7 | 7,898.7 | 7,846.6 |
| XJO (ASX) Chart |