Looking at the markets over the last few days... we had a breakout from the 5x resistance level as pointed out by @wave4 and now we are just at that level once again. Strong or weak?
We know that the main players know we know that weakness would be signalled by a drop below that breakout. I suspect another push or hold at a min around these levels for a little while. Wouldn't it be nice to have one more major push with massive turnover? We can only dream...
Monthly has been slowing down. Weekly is looking weakly. Daily is going nowhere.
SPX, NASDAQ and Dow are showing similar but has had a stronger move than here.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-14504
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Last
8,544.2 |
Change
-15.000(0.18%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,559.2 | 8,559.2 | 8,533.0 |
| XJO (ASX) Chart |