Jaolsa,
The second graph (wednsday) from stock timing may not be the right tool in picking a turnaround of a bottom. By its nature, stocks need to turn around first after a few weeks of falls, before new highs are created.
I suggest a sharp turnaround in this index may be more the signal one looks for at the botoom of market. This we got. If one can use such an index at all.
I would use this index in a sideways market or an uptrending market or a sligtly downtrending market.
- Forums
- ASX - By Stock
- XJO
- wacky wednesday
wacky wednesday, page-66
-
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,212.2 |
Change
8.500(0.10%) |
Mkt cap ! n/a |
Open | High | Low |
8,203.7 | 8,225.5 | 8,203.7 |
Featured News
XJO (ASX) Chart |