Very quiet on the XJO thread today. Everyone must be busy watching their crystal balls. Anyway Danube, copper does look a bit toppy, but its worth having a look at oil as a leader too, which might have a bit more gas in the tank so to speak. On the other hand, there may be some gaps from Monday to be filled below. Here are some daily charts.
Copper, WTI Crude
Now, the SPX forward spreads. I don't really get enough volume on the SPI contracts to to chart these for the aussie market, but I might have to look into the AUD. Anyway the long money for the yanks shows up a bit of buying in the longer dated futures recently.
monday, page-57
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Last
7,959.3 |
Change
69.700(0.88%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,889.6 | 7,969.1 | 7,889.0 |
| XJO (ASX) Chart |