XJO 0.10% 7,767.5 s&p/asx 200

Weekend Charting and Chat - 8th August 2014

  1. 19,112 Posts.
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    No doubt the sellers had the upper hand on Friday, with the XJO closing sharply lower.
    Spread was wide, close was low, on an increase in volume (value traded).

    The possible strength being seen on Wednesday and Thursday, failed miserably.
    Keep in mind that a sharp move down like this maybe climactic in its action,
    and the Index has now had six consecutive down days.

    A very interesting week coming up next week.....




    cheers
 
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