This 100 pt up day and then 100 pt down day not far from highs doesn't do much to my bullish outlook this is crazy hi volatile consolidation.
Being stuck in a 200 pt range in five days in volatile trading is making it even worse. You would prefer if the DOW had a few steady positive days rather than these wild 100 pt swings in both directions..
I am not complaining, I love the action but doesn't look bullish to me.. I would be bullish if this price action were near its lows rather than its highs.. but game aint over yet and we could still see it convincingly break above 11200.
u2 tuesday, page-78
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8,255.6 |
Change
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Mkt cap ! n/a | |||
| Open | High | Low |
| 8,266.2 | 8,266.2 | 8,215.8 |
| XJO (ASX) Chart |