XJO ripe for a punchy KO Short

S&P/ASX 200 IndexASX

Description

⋅ Apr 11, 2024 9:07 AM

So much negative divergence on XJO currently, it is ripe for a fall. Look how the last three higher highs have been when the MACD was making lower highs.

Let's see what triggers the fall, but with current US market reactions, this looks very soon.

Technical Indicators Trend Analysis