wodger raters tuesday, page-71

XJO (ASX200) +2.2%
XTL (Twenty Leaders) +2.1%
XFL (Fifty Leaders) +2.2%
XFJ (Financials) +2.6%
XMJ (Materials) +2.2%
Energy +3.2%
XSO (Small Ordinaries) +2.6%

Today was turn-around day (mentioned yesterday). A strong move up on the highest volume in eight days. Coming at the end of a short term down trend, and above the recent low in August ? looks good to me.

INDICATORS:

RSI.9: 44.6. Rising. Needs to get over 50.
MACD Histogram above Zero. Positive.
MACD below the Zero line. Negative. Showing a ?bull shoulder?. Positive.
Stochastic: 54. Below its signal line. Needs to get back above its signal line
CCI.14: -18.5. Below zero but headed up. Wait and see.

The Indicators are still not giving off buy signals ? but have improved. A break above the down trend line (big black line on the chart) would be a big positive.

That huge candle on the 9 August still looks like a day which will be remembered for a long time.

Good luck
Redb