XJO 0.93% 7,889.6 s&p/asx 200

weekend charts, page-28

  1. 7,728 Posts.
    SF, thanks for your post. I understand what you say, but your original post did sent me looking through charts playing the devil's advocate. ALways good to second-guess myself.

    In the case of BHP, there are several downside gaps to fill, and in 20 of the last 28 years, there was a down move from the end of February into early March, most very small indeed though.

    My own concern about heading higher from here for some majors is non-confirmation of Friday's bounce by several indicators.

    So while I expected the bounce, and expect to go higher..... I'm also a little cautious.
 
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