Kevi's morning charts 28th Oct

Morning all,

Sorry for not posting any charts yesterday, was caught up early on with a few other things.

A few days back I posted the DJIA chart showing the choppy sideways period that its currently experiencing. I thought I would do another chart which may be of interest that shows a potential double top on the weekly. It was pointed out to me by a friend yesterday, and its one of those indicators that should not be discounted. In a week or two we might find it had no bearing, though there is certainly some heavy resistance at the 11200 level.

Here is the chart, it would be nice to see the week end on a closing high above the 11250, but there would need to be a good session or two.



Here are some other charts. One from yesterday was Boss Energy (BOE)



and finally

Bluescope Steel (BSL)



Good luck today all

Cheers
Kevi