XJO 0.84% 8,295.1 s&p/asx 200

Coffee Time.... - Tuesday, page-5

  1. 5,528 Posts.
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    Thanks Jaques64

    Today was swinging like the 60s wasn't it?

    @exfiles is right, evvvvverybody was up! Must be the whole swinging thing.

    Wonder why the XJO has brewers droop?

    And not even mr squiggle pointing out the tangle of triangles? oh dear. A story right there.

    How good is the Chinese gov? Their trading halt stopped the fall, and then it's 7% a day everyday since (B Shares). Never seen that before.....just trying to dredge up a memory when a government action like that has decisivly turned a market around.....anyone? What have I missed?

    Last week there was a lot of (in the know, secret squirrel) talk about Chinese money about to deluge these frozen red shores. Oh well, maybe still will. One day often means little in the markets.

    Can't help but be reminded when our market has done badly in the past and other markets were doing welll. Punters claiming that the market is casting a vote of no-confidence in the government. No calls on this now? (less a political statement from me, than a heads up on correlation..( or lack thereof.) ..between politics and the markets.) I rave - (you can tell when the parentheses back up.)

    [As I write, the green story contunies, with the Nasdaq leading the US major indices] [Trying square brackets instead of parentheses...no good.{still raving}]



    Yearly Hi and Lo

    Up a little, no hidden gems of insight. However the pretentious is still cruising down.

    Candles

    Any candle analysis has to start with the question - which way is the trend heading? And having asked myself that question, (in the short time frame that pertains to the candle canon) - I dunno.

    Loose wicks all over the place in a high volty environment...could lead anywhere.

    Low volm today, above average volty, but trivially so. Still missing that cluster of higher volty I was waiting for.
    Meh.

    0713  XJO Yearly HL.PNG

    Relatives by Size

    There were some runners in the specs, but it doesn't seem to show up on this chart nor the HiLo.
    Looking risk off.

    0713  XJO Rel Size.PNG

    Rels by sector

    Supported by safety first by the looks. Risk off confirmed?

    0713 XJO Rel Sectors.PNG

    I don't care what anyone says.
    I reckon leotards and gas masks go well together.

    Are you my Mummy?

    @Trees - a different beat.



    Happy trades
 
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