looks like my post yesterday and the theory re this correction which I have been working on, turned out spot on. Yesterday I stated that the correction was not over, and that buyers should be wary. The reason the DJU had closed at 507, which was two pts below the 509 target, THis target was in place as it was 8 % above the lowest low of the move prior. Hence if this number was breached then correction is over, it had not, hence the warning, this has played out exactly as previously predicted.
looks like my post yesterday and the theory re this correction...
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Last
$67.26 |
Change
-0.300(0.44%) |
Mkt cap ! $13.04B | |||
| Open | High | Low | Value | Volume |
| $67.56 | $67.70 | $66.95 | $18.57M | 278.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1378 | $67.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $67.26 | 843 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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