Not really. The 10s looks like a Head Fake resulting in a lower high.
What is more important is its relationship to the 2s... 2s downward and 10's upward is a good sign the inversion is normalising (2s lower than 10s is how it should be). 2s going up and 10s down is actually a bad sign that the market is still in dislocation.
Still it weirds me out seeing my gold miners (NST, EVN, ALK, 29M etc...) are moving in lockstep with the market when they should really have negative correlation.
Best looking weekly chart, page-1191
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Last
$13.86 |
Change
0.570(4.29%) |
Mkt cap ! $15.92B | |||
| Open | High | Low | Value | Volume |
| $13.71 | $13.91 | $13.63 | $79.37M | 5.751M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35544 | $13.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.86 | 28982 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |