important? yesterday?asx200 double bottom

  1. 58 Posts.
    I note with yesterdays market action the AS200 has almost down a double bottom with Monday June 20th at
    S&P/ASX 200 (^AXJO)==27 Jun 2011==4,453.70===20 Jun 2011=4,451.70
    Is this important?
    downswing for a longtime till it finally broke June 20th
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.