Hey Chartists, Starting to think we may have seen an important session yesterday with a possible double top on the XAO and a fake out on the XJO.
XAO Possible double top & reversal with a weak close.
S&P500 looks like it might of rejected off strong restistance.
Dow jones chart shows price action is along way off from breaking out and is still showing a potential H&S pattern which is making me think the breakout on the XJO was a fake out.
Sorry for the bearish view but i cant see us getting on with it without the yanks.
regards
bmac
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Last
8,666.9 |
Change
-42.500(0.49%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,709.4 | 8,709.4 | 8,658.2 |
| XJO (ASX) Chart |