The market index ASX200 (XJO) remains within the "zone".RSI and Slow Stochastic are showing negatively against the Index.
Simple really. A break above the current level of resistance would be a Santa buy signal.
A break below 4737 (the recent low) would be a sell signal. The XJO is currently at 4778.
Probably another reliable guide would be a break by the Index below the 13-Day Moving Average.
It ain't broken yet.
Cheers
Red
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