XAO 0.26% 7,381.1 all ordinaries

Picking the Low, page-8

  1. 2,271 Posts.
    Looking more bearish now, particularly if 3000 and 2998 don't hold. NCP appears to be again leading the market. Turned sharply down after a huge rise Friday at 10.60, which, as I posted on Crashy's site was the top of a fairly big trendline. (I don't trade NCP)
    Lower trendline will be in the low 8's, depending on how long it takes and if the top holds.

    NAB has also been a good pointer and is holding around square.

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