OZ vix has reached an all time low for this year, but the advance in the XJO is tepid at best.
A lot of trading occurred today - with little effect. Today's STW candle volume chart shows a wide candle (heavy volume) but finishing the day more or less where it started. The extent of the intra-day selling can be seen in today's upper wick, while the candle base is virtually flat.
Using the Three Supertrend lines as a guide, STW remains in neutral. (Two blue lines, one yellow line). This suggests the STW might be changing its up trend to a down trend - but more inofrmation is needed.
13/11 Indices, page-190
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Last
7,804.5 |
Change
11.200(0.14%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,793.3 | 7,814.9 | 7,788.1 |
| XJO (ASX) Chart |