XJO 0.89% 8,374.0 s&p/asx 200

re: watch out futures off 27 points I haven't got my xao charts...

  1. 9,485 Posts.
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    re: watch out futures off 27 points I haven't got my xao charts open but did a rough calc the other day , so check for yourselves .

    I think the 2004 year finished on or near its high but the 2005 bar retraced around 4.? % to its yearly low .
    Am not sure if that is what is happening hear but worth doing the calc for yourselves .

    ie; if it makes it below a prev % decline then the trend up must be considered at risk .

    ge
 
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