XJO 0.71% 7,783.0 s&p/asx 200

Thanks Jako Yearly Hi Los Summation has dropped to new lows....

  1. 5,523 Posts.
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    Thanks Jako

    Yearly Hi Los

    Summation has dropped to new lows. I've included more history than usual to show how unusual this level is. Absolute level isn't a be all and end all indicator, but I would think that any divergence or test of this level would signal a decent, tradeable bounce in the XJO

    Candles
    Volume was unusually high, and range was above average, but it wasn't a special candle of any sort

    RSI
    Still OS.

    Cycles
    (not shown)
    All my cycle indicators are showing more downside to be expected.



    0821 Yearly HiLo.PNG

    Have a great weekend all



    MFx
 
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