Clawed its way back to close above the 50 MA today...I wouldn't...

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    Clawed its way back to close above the 50 MA today...

    https://hotcopper.com.au/data/attachments/3589/3589116-2f36b7b976e22af19ffa9a29fd9c5c85.jpg

    I wouldn't give that monthly doji from the link much attention, as

    (a) we're only halfway through the month, &
    (b) that's only a futures chart


    The monthly ASX200 'cash' chart does actually have a hammer at this point, but it's positioned a bit low for the usual reversal signal, anyway
    (as is the doji on the futures chart)

    https://hotcopper.com.au/data/attachments/3589/3589128-27a95d15466d6617710a627bc175204c.jpg

    Also, previous monthly hammers have been thoroughly ignored!


    And interest rates on hold until 2024...
    nah I won't bother shorting.


    Last edited by DmitriMA: 16/09/21
 
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