XJO s&p/asx 200
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good lord its the running of the bulls, page-4

  1. retska
    747 Posts.
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    18/02/11
    01:37
    Post #: 7912022
    This chart is XJO and WTI Forward Spreads. I'm looking to enter longs on oil, XJO volatility looks to be contracting. Hourly oil chart looks good for buys below $85. If it breaks down, then daily suggests possible further low around $80.

    I added 2 red circles at similar level on the spread peak, and they looked good time to buy crude oil in the following maybe 1-4 weeks. XJO seemed to have a slightly lower low, for a good XJO buy say 4-12 weeks forward.



    XJO Value at posting: 162.00
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XJO (ASX) Chart
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