the pattern of trend off the day's high on the cash looks okay for now to me stockie.
i do believe that the low for the session is in so it should end positive and a spurt up late in the day wouldn't surprise.
if that is the case, i do believe that the powers that be running the ASX would be less likely to sell the open on Tuesday than they would have been on Monday with the futures looking silly out of whack up over 15 points.
as always, happy to be proved wrong by the market. no problem.
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Last
7,846.1 |
Change
-88.400(1.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,934.5 | 7,934.5 | 7,768.0 |
| XJO (ASX) Chart |