XMD 1.09% 10,415 s&p/asx midcap 50

Not who you asked for but I was intrigued by the chart so here...

  1. 626 Posts.
    Not who you asked for but I was intrigued by the chart so here are my thoughts FWIW.

    Still looking overall bearish. Took a dive down to the lower tyne and rebounded to the middle tyne with a shakeout and test back in Jan and Feb. Looks to be dealing with a strong resistance level (previously support) at ~37 coinciding with the middle tyne and we have two 'upthrusty' looking candles. If it ever reaches it the komu shows resistance at the 42 level.

    ISHARES MSCI EMERGING INDEX FUND.png
 
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