allords : the level to watch 4311.3

  1. 1,248 Posts.
    Australian Stock Market : On Friday the daily directional indicator of AORD is (4396.7) - 4419.8 - 4432.7* This would suggest that the market is negative when it trades below the weekly cycle "super magnet" at 4396.7. The daily normal lower limit is defined at 4339.8. It is conceivable to believe that speculative selling pressure will increase if the market trades below this level. The level to watch is 4311.3.

    Melbourne Qindex 07:05 GMT October 6, 2005
    Australian All Ords : Trading Reference


    ... 4114.8* ... 4163.9* ... // 4213.0* - 4237.6 - 4262.1* - 4286.7 - [4311.3]* - 4335.8 - 4360.4* - 4384.9 - 4409.5* // ... 4458.6* ... 4507.7* ...

    All Ords : Daily Trading Reference

 
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