Redback's Australian Stock Market Report
A daily report on the Australian Stock market and selected Australian stocks.
Wednesday, October 6, 2010
CAC
Yesterday, I noted that CAC had broken below a head and shoulders top.
Well, that signal got well and truly neutered in last night's action.
The chart is still below the 13-Day SMA. So it still has some legitimacy. But not much.
Cheers
Red
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