| Weekly Trend: | Up |
|
| Daily Trend: | Up |
|
| Daily Momentum: | ___ | Flat |
The XJO has finished off 2010 on a negative note, down 45.2 points. Approximately twenty points of this decline occurred into the close of today’s session in a broad based sell off. For the year of 2010, the XJO has ended down 2.6%, in what has been a tough year of trading. The All Ordinaries did a little better, down 0.73%. Discretionary power setups have been difficult to find of late with volumes in many stocks drying up. There has also been many false breakouts evident and the broader market quite listless. The US market is closed tonight. Best wishes to you all for the new year and may 2011 be a prosperous one for you. A year of the Bull would be nice!







Fri, Dec 31, 2010
ASX Commentary