Just to add to comments about the key uptrending support line below our index and BHP (the lows over the last few days - as pointed out by Voltaire - are on this line).
Its worth watching the Nikkei to see how it closes. They have a similar uptrending support line to XAO/XJO and BHP. Their key support is at about 7860. They have now just fallen below this level. The important part is whether they can regain the support line at the close.
why the post open sell down on every day?, page-36
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Last
8,227.9 |
Change
34.500(0.42%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,193.4 | 8,235.3 | 8,193.4 |
| XJO (ASX) Chart |