Interesting that XJO is now higher than XAO.
Because 0.618 for XJO is 4283 and for XAO is 4273.
These are interesting targets.
However my SPI 670 multiple is 4020 and the chart below adds some value to that.
It is XAO chart and the lower diagonal yellow line is a speed line created from the 2003 to 2007 bull range and time.
The angle created is the same angle that previous markets have corrected to.
Currently just below 4,000.
waskly wabbit wednesday, page-56
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Last
8,295.1 |
Change
68.800(0.84%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,226.3 | 8,319.4 | 8,226.3 |
| XJO (ASX) Chart |