technical break out - important day

  1. 6,975 Posts.
    G'day folks,

    Today is an important day. The XJO and XAO have broken above their previous recent highs and more importantly above their bear market return lines.

    The bear market may well be over and we will either see a continuing and strong rally in the near term or the working through of a bottom formation.

    Of course being as dumb as I am I could well be wrong and any dumber I could qualify as a stockbroker.

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