The local market seems to be a bullish base while my cycle expectations are "its too soon". No chart.
For the SPX there is an obvious trendline here that all must see and a break would probably see a sharp drop if broken. Currently 1372ish.
I quite like this combo Summation and Put/call read.
Zero is important to summation and only days away from it.
Does it reverse or bounce briefly or head straight through.
Put/Call is already negative leaving a pos/neg mix OR neutral. Have a look back and its not a bad longer term indicator.
The local market seems to be a bullish base while my cycle...
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Last
8,118.8 |
Change
-41.200(0.50%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,160.0 | 8,160.0 | 8,063.2 |
| XJO (ASX) Chart |