XJO 0.46% 7,953.2 s&p/asx 200

Although 65 ma is my favourite, 2X65 is worth watching.It most...

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    Although 65 ma is my favourite, 2X65 is worth watching.

    It most cases it just means you are changing time frames,eg. 65 on 2 hr is 130 on 1 hr.

    65 is a great on weeklies but 130 held as support on a CMC closing basis for all of 6 weeeks on the down move and is likely a significant upside barrier.

    That now stands at 5544 as does CMC's daily "supertrend" indicator.

    CMC currently at 5404.
 
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