XJO 0.81% 7,971.6 s&p/asx 200

tuesday's turn, page-7

  1. 17,249 Posts.
    lightbulb Created with Sketch. 424
    Dang !! I wish i had something better than the naked eye amd MS paint to draw parallell lines. I put the pitchfolk up again on the weekend to show that we were nearly back up to the centre line....well we got there last night then retreated in fine style....well done to jaolsa for her 16th turn date.

    one other thing i note is the volumes....looks like the channel has been traded. the lowest vol was as we hit the bottom of the channel. the next day, when it became obvious that the dow would bounce off the bottom, vol was well above average. last night as we hit the centre line volume was up once again....looks like the traders have bailed out again. May be best to wait a couple of days now for the next opportunity.

 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.