cwl, maybe the dmi indicator perhaps offers a way of telling the difference. It goes something like this.. when the demand power rise exceeds the supply pressure decline then the difference may show the proportion of genuine buying eg if demand power rises 10 and supply pressure declines 5, then genuine buying exceeds short covering? Not too sure, saw it worked out once but didn't follow it realwell. From a tradng perspective,its useful to ride the short covering with a long anyway.
- Forums
- ASX - By Stock
- fightin friday
XJO
s&p/asx 200
Add to My Watchlist
1.37%
!
8,757.2

cwl, maybe the dmi indicator perhaps offers a way of telling the...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a |
Open | High | Low |
8,639.0 | 8,776.4 | 8,639.0 |
Featured News
XJO (ASX) Chart |