ASX 0.08% $64.50 asx limited

Ill wait for confirmation the trend has changed before going...

  1. 2,141 Posts.
    Ill wait for confirmation the trend has changed before going short.

    Remember not to long ago a few respected people thought we had seen the top and recommended to short the index as it was way overbought ect, well it did drop and that was obvious it was going to happen but it held support at 3460, and we now have eclipsed that previous effort of around 3500.

    Who's to say it wont drop a tad from here and the rsi will drop again before rebounding to go even higher.
 
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