CDX 3.6 has a couple of interesting traits at present none of...

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    CDX 3.6 has a couple of interesting traits at present none of which look promising for the share price.
    1) It is in a range bound market drifting sideways
    2) It has fallen through the 50sma then shuffled across to retest the 50sma again and again failed to get above the 50sma and is now what Dave Elliott would term a blue ice Failure where more downside can be expected
    https://hotcopper.com.au/data/attachments/1564/1564438-3a480aadc6abccc65aed70f4c00fffd9.jpg


 
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