If we are to get serious with a rally up it really needs to go from now, i identified 16th as the turn date, and it could work but i wouldnt be overly confident till wednesday.
That gap still haunts the XJO chart and then the low as the only support below it. US indicators are primed to rally but ours are a few days away hence patience to see ???
Enclosed the S&P chart to suggest it wants to play long ???
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Last
8,589.3 |
Change
-13.700(0.16%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,603.0 | 8,617.0 | 8,572.1 |
| XJO (ASX) Chart |