A lot of bad action today.
The wedge line from Jan 23 broke. Parabolic SAR borke.
As well below are 2 systens on SP500 and XJO that both turned neg.
That doesn't mean they will be winners or even if they are that they don't go backwards first.
SPI finished discount 45 pts and intraday levels are stretched which may just mean a bounce sometime overnight.
Weekly readings are almost as extreme as I have ever seen them, so I can't justify a large short position unless this is worse than anything for over 26 years.
Just beware something out of left field.
Tommorrow is 30 days from low.
wonderful wednesday, page-69
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Last
7,971.1 |
Change
105.600(1.34%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,865.5 | 7,976.9 | 7,865.5 |
| XJO (ASX) Chart |