This CMC SPX (24 hr)chart is interesting in its neat fit to a Fib grid.
Suggests a completed move but like any market can move lower and make new realignments.
I did sugggest 25th or 26 could be nasty but if it is or isn't then it implies a bounce.
Nasty just means a capitulation and implies a better chance of a sustained bounce that a gentle turn perhaps.
well i never... wednesday, page-4
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Last
8,103.2 |
Change
-6.700(0.08%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,109.9 | 8,110.2 | 8,073.7 |
| XJO (ASX) Chart |