| Weekly Trend: | Up |
|
| Daily Trend: | Up |
|
| Daily Momentum: | ___ | Up |
All in all a good day for the market with the XJO up about 41 points. We look set to challenge the November highs if this momentum is retained in the coming days, but remain focused on the bigger picture as discussed in last Friday’s XJO analysis. As it stands, the trend is still up so we continue to look for long trades and the ASX Systematic system continues to generate trades. No reason to look for short trades at this point.







Thu, Dec 9, 2010
ASX Commentary