XSO s&p/asx small ordinaries

The Brains Trust - 2020, page-1839

  1. 18,804 Posts.
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    @Tanotfa - if you are around. Another chart that we could analyse a bit more closely - following on from the CLQ interest we saw the other week. I admit that I hadn't thought to check the chart till @Bundy mentioned it - BBOZ. My favourite EMA's have been very bearish since the markets turned but are just hovering there at the moment. MACD has turned up and held it by the slightest margin. RSI also hovering just under 50. I am not long but think it is a good one to watch to see if we are close to a turn. I wish we had one on just our gold index.

    And on that theme - GDX (stocks) has been slightly weaker than GLD (metal) for the past two Wall Street sessions. I like it to be the other way around.

    Looks like we have an intersting few sessions coming up across a lot of markets.
 
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