XJO Heiken-Ashi Chart from yesterday:
Friday's H-A candle suggests a possible reversal in the short-term trend.
Given the overnight events in America, that now seems assured.
Unless we have a very strong move up from here, the short-term Stochastic (14.3.5) suggests we'll see a negative divergence sometime in the near future on that Indicator. That would suggest we'll see a bigger down turn this time than we saw this week.
RB.
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 (20min delay)
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Last
8,570.4 |
Change
-9.700(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,580.1 | 8,593.6 | 8,558.3 |
| XJO (ASX) Chart |