Today XMJ (weekly) showing a lot of supply at the current levels forming a candle close to a "gravestone doji". As a trader my next level of interest will be the pullback. For the advance to be sustained we need a shallow retracement with support on a rising ma. If price takes us back to the previous low we will know the stimulus has been a complete failure.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-17872
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Last
8,210.0 |
Change
-59.800(0.72%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,269.8 | 8,269.8 | 8,197.6 |
| XJO (ASX) Chart |