To answer your question "what is the importance of the 195?". Simply put as I understand it on a daily chart the 41 provides a quick reference to the Weekly and the 195 the Monthly. Its creator recommended extreme caution re going long if price was below the 195.
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Last
7,968.2 |
Change
47.700(0.60%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,920.5 | 7,983.8 | 7,920.5 |
| XJO (ASX) Chart |