XLD 1.12% 1,622.7 s&p/asx 200 2 x daily leverage index

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  1. 16,642 Posts.
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    yes, lots of testing bars, and yes it might turn......but be careful.....it has multiple lower highs, and nothing 'Big', to say it is ready to change trend yet........it probably depends on your timeframe.......if you are looking for a day or two trade there might well be a positive response to some low volume testing........but for a swing trade that might last many days or weeks (or any longer trades), I would want to see something more substantial before jumping on this bus.

    cheers

    PS- remember that testing is a minor, secondary, or confirming, sign of strength, not a primary sign of strength.
    Last edited by Jako8557: 24/07/16
 
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Last
1,622.7
Change
17.900(1.12%)
Mkt cap ! n/a
Open High Low
1,604.6 1,626.8 1,604.6
XLD (ASX) Chart
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