Not much strength in last night's selloff, apparently inspired by the fact people are saving instead of spending. At least they have money to spend.
Most stocks advanced (59%) compared to the decliners (37%).
Interesting again to see the $US fall against the AU.
Four charts follow:
The US dollar index is heading sideways in a narrow channel
VIX is still trawling the bottom, but movements up have tended to be pretty limited.
Sorry, Bringiton, but I spx chart doesn't appear bearish to me, on daily or 30-minute.
i buy you buy we buy., page-123
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Last
7,971.6 |
Change
-64.900(0.81%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,036.5 | 8,036.5 | 7,923.6 |
| XJO (ASX) Chart |