XJO 0.46% 6,739.7 s&p/asx 200

xjo : critical support at 5588

  1. 1,248 Posts.
    Australia S&P /ASX 200 : Critical Support 5588

    Monthly Cycle Pivot Center : 5588 - 5650 - 5803
    Normal Lower Limits : 4700 - 4800 - 5023
    Normal Upper Limits : 6476 - 6500 - 6584

    Weekly Cycle Pivot Center : (5477) - (5790) - (5826)
    Normal Lower Limits : 5133 - 5387 - 5449
    Normal Upper Limits : 5821 - 6131 - 6264

    Remarks : The market is under pressure when it is below the monthly cycle pivot center at 5588 - 5650 - 5803. The market is negative when it is trading within the weekly cycle normal lower limits at 5133 - 5387 - 5449. As shown in the monthly cycle charts a projected supporting point is positioning at 4848.


    ASX 200 : Monthly Cycle Charts
    http://www.qindex.com/axjo.html
    Albert Cheung (Ph.D.)
 
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