got back on my horse on Friday.
vix is settling down so maybe a comfortable trading rhythm coming.
Gold Price coming back to MAs.
long term oil chart looks broken, some calling the recent chart action a double bottom and due for some upside. looking at WDS, at $22 its right at old resistance. might breakout. I'm not holding but would take profits here and definately sell into any breakout.
The yank credit downgrade should provide the narrative for a technical consolidation before another pump higher seems likely imo. if defensive sectors let go of recent gains that might be confirmation of risk on rotation
there's no time to ponder valuation ratios and projected earnings glta
XJO - Bear Posts only (Factors which might cause the markets to fall), page-22480
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Last
8,514.2 |
Change
-36.600(0.43%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,551.1 | 8,605.7 | 8,514.2 |
| XJO (ASX) Chart |