As we take a break over Easter, many traders are wondering whether or not the XJO will break through 4365 and have the upside rally that traditional technical analysis tells us should happen. The diagram below shows the XJO as it currently stands.
But our research into the Australian market at The Technical Report tells us that if BHP doesn't join the party, then any upwards move in the XJO and the broader Australian market is limited. Watch our video on the BHP Effect right here. If you like our research, our videos or would like to learn more about The Technical Report you can take a 4 WEEK FREE TRIAL of our NEWSLETTER. Just email us here with the word TRIAL in the Subject Line and we will start sending you a copy of our report.
Check out our short video through the following link: VIDEOLINK
