Woke to a good laugh in the middle of the night, BD. Wondering if a break might not be a bad thing to do right now, being more a short term trader than a day trader.
Looking at the weekly charts I'm thinking today's rise could be ephemeral:
The MACD and RSI look like the indices have further to fall over the next few days, and the fibs from midway through last year suggest the same. Nevertheless, today's rise is nice and maybe it will last. I'm wanting to preserve capital so still cautious, even though I've sunk a bit more (not all) cash into the market in the past couple of days.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
8,580.1 |
Change
-9.100(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,589.2 | 8,619.8 | 8,568.2 |
| XJO (ASX) Chart |