Some excellent posts been provided by Wink and Redbacka,and there is nothing to add to those.
Short term, the market appears to want to go up, if the Dow is any guide, by the break thru above the 38% retrace. I will be cautious middle of this week as it will be a 1/3 in time retrace of the bear move down.
weekend wrap up
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Last
7,889.6 |
Change
72.800(0.93%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,816.8 | 7,902.6 | 7,816.8 |
| XJO (ASX) Chart |