XJO 1.47% 7,275.6 s&p/asx 200

spi update

  1. 5,186 Posts.
    Prices remain in uptrend although the momentum has slowed.

    Sup: 5368,5344,5304,5280,5267*

    Res: 5409,5425,5433*,5455

    Whilst the market has continued to trend higher the momentum has slowed, warning of a correction that takes prices back to the 5267-80 region and potentially much further (if this area gives way), depending on how the advance from the September low fits into the longer term structure.

    A break of support at 5344 would suggest that a retreat towards support is underway.

    Should prices continue to unfold higher in the near term, 5433 stands as important resistance.

watchlist Created with Sketch. Add XJO (ASX) to my watchlist
(20min delay)
Mkt cap ! n/a
Open High Low
7,384.2 7,384.2 7,275.6
XJO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.