XJO 0.76% 7,921.3 s&p/asx 200

monday market mutation, page-17

  1. 9,803 Posts.
    I don't intend to fight it at all.. I don't usually trade my opinions and speculation about macrofundamentals, except where they are born out by price.. but I do trade my market analysis, which is right more than its wrong.. if you look at the usd charts, you'll also see that my speculative macroview in this situation is completely congruent with price in the biggest market on the globe.. usa equities may have stabilised a fraction on Friday night but usd went down past the S bend.. so it had to be usd buying, not foreign currency buying of equities... how to explain this anomaly, given the outflow of usd where usa equity markets are at least 35% owned by os investors? I think it suggests that my macroview of strategic and tactical buying by pools of usd might be at least peppering the target... will they hold or rally price in the face of persistent selling? I have nfi...
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.