Support and resistance

Market Focus, March 1

The week just finished, March 1 2013 On Thursday of the previous week (Feb 21) a pronounced sell-off  halted an extended impulsive uptrend in the ASX 200, and might have initiated further falls. This has not eventuated After that week finished… Read More ›

Market focus, Feb 15, 2013

XJO meets a market cross-road Arguably there is never a time when the market direction can be taken for granted. However there are times when future market direction is more difficult to pick than usual. The market reached such a cross-road intersection this past week… Read More ›

Chart analysis for Crown 16/01/2013

  TA landmarks Earliest data December 2007                       High was $15 Most recent data, January 2013                 Close 15/01/13 was $11.64 Low following GFC was $4.18 in November 2008 Dominant trading pattern was a trading range between $7.32 and $9.44, for three… Read More ›