Financial analyst articles are either a wild guess or fake news; take your pick, it is all the same.
Similarly the SPI when our market is closed is correlating quite poorly to the price action of the XJO during trading hours.
Add the very poor correlation of our market to almost every overseas market nowadays, indicates that FA is already dead in the water, and futures traders will get frequently burned.
TA and trading psychology are all that seems left as tools now.
Axe Throwing Tuesday, page-24
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Last
7,971.1 |
Change
105.600(1.34%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,865.5 | 7,976.9 | 7,865.5 |
| XJO (ASX) Chart |