Redback's Australian Stock Market Report
A daily report on the Australian Stock market and selected Australian stocks.
Monday, October 18, 2010
Market Comments 18/10/2010
This looks like it is setting up for a short term retracement.
Bearish rising wedge
Negative divergences on the MACD, RSI and W%R.
Be careful.
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This looks like it is setting up for a short term retracement.
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