Seasonality scenario indicates for the ASX, sell in May, and buy back in in mid-July. The banks going ex- dividend could drop a fair bit more than the dividend amount plus franking credit value. The TA for the daily XJO is indicating a likely top, so going short looks to have a better outcome at this moment than remaining long. Anyway, that is my strategy, but who really knows?
XJO Weekend Charting and Chat - 11th May 2018, page-4
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,792.1 |
Change
-37.600(0.48%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,829.7 | 7,829.7 | 7,782.0 |
| XJO (ASX) Chart |