so, xjo is at support at the bottom of its trading range of the past week or so... support there has held... the upward wedge essentially broke out but failed in reaching its price target and if support at this level holds today then the wedge is probably finished... slow sto says xjo strengthening from oversold.. dmi says the down trend has finished for now... s&p futs slightly stronger (for what thats worth)... I reckon its time to go long, for overnight traders anyway.. still pretty volatile so don't know that I would if I couldn't cover during the night if need be.. what say you all?
wherethefcukarewe
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Last
7,767.5 |
Change
7.900(0.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,759.6 | 7,819.0 | 7,754.9 |
| XJO (ASX) Chart |