XJO 0.52% 7,417.4 s&p/asx 200

100sma is the key

  1. 1,743 Posts.
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    100 day SMA is the key . It has found support there several times since March and currently 100 day SMA is around 4600.

    I would sell any break below that.

    All major markets (like Dow, FTSE , India ) have struggled to move up in the past month of so and Christmas break might bring them down ( instead of propagated Santa Rally)
 
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