25 November 2009 – Quiet ahead Thanksgiving

Wed, Nov 25, 2009

ASX Commentary

A very quiet day again with the market popping higher. Chart patterns on the XJO are quite interesting and point to some near term strength, maybe even a retest of the recent major highs. We’ll look into that in more depth tonight in the ASX Chart Research area. Bigger picture we still feel some broader consolidation may occur and in turn choppy price patterns.

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Nick Radge - who has written 899 posts on The Chartist.


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