thanks Wogboy,
...but I was following you, lol.
Exactly. One year ago, XJO 7th of Sept closed on 4454. Our market really didn't do much for the last 52 weeks...lol...apart from Gold, and term deposit.
I think more than likely next week will be a week of sideway action around the ema 195 we should be floating/consolidating there, a resting place for the bulls.
Range should mostly be 4520 to 4600, so there's 2% there. Last month, 1st week of Aug, we stayed above ema 195 for 6 days then we tanked all the way to late Aug. So there will be a few people doing their selling there. Tight range for few days maybe, once the bulls have settled on the ema 195 camp, then they should move up from there. I am only guessing.
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