Here we go again....
Weekend Time
The XJO reversed back up on Friday & recovered most of the ground lost on Thursday.
It appears to be reacting off of the trend line drawn across the Oct 2013/Jan 2014 highs.
It wasn't the most impressive two bar reversal ever
(the real bullish ones have the second bar's close exceeding the first bars high),
however it is a reversal, although in a short term downtrend.
Now we wait to see if there is follow through demand, as it has been demand that appears to be lacking lately.
cheers
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 (20min delay)
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Last
8,580.1 |
Change
-9.100(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,589.2 | 8,619.8 | 8,568.2 |
| XJO (ASX) Chart |