XEC ( small caps )
Should probably play alot more attention to this chart with risk on/off
The signs were there back in April when it couldnt break above the 200ma , then July when it tried its best and there was a surge in the spec end.
Recovery soon ?
Current trend is risk off until it finds support.
Sorry about the ugly chart, i blame Westpac and there ugly decisions instead of being allowed to decide for yourself
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Shanthar Pathmanathan, MD
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