News has it that hedge funds are closing USD/Asia short positions before liquidity dries up completely.. which is putting pressure on EUR & AUD [ we are going to see alot of whipsaws and headaches because there is no liquidity]. XJO following lead from Wall Street which was -0.8% nothing abnormal here has to hold 4550 though - thankful i got out of my long on the open! - thank you mr market.
Europe will be more telling...although DAX has this bearish wedge on the four hour.. lots of bearish wedges everywhere atm.
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Last
8,603.0 |
Change
7.200(0.08%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,595.8 | 8,616.8 | 8,589.5 |
| XJO (ASX) Chart |