Nice to see you posting here more often Lighthouse.
The AUDJPY looking very much like WTI, both shape and numbers (add 2 cents to ADJY). Don't mean to harp on about commodities in XJO thread too much, but I think the gap between WTI crude ($86.30ish) and Brent Crude ($102.67) looked like a brilliant arbitrage opp, and was about 2 dollars wider last night. Maybe the spread will close near March options expiry? I am hoping WTI will push more than Brent will fall.
Hourly copper chart looks a bit bearish. Might give some encouragement to the clapping bears, as it has been a good correlation with US markets, but they (US markets) are still in uptrend.
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Last
8,701.3 |
Change
33.100(0.38%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,668.2 | 8,704.2 | 8,668.2 |
| XJO (ASX) Chart |