XAO 1.31% 8,189.9 all ordinaries

Short Term Trading Week Starting: 17 Sept, page-84

  1. 9,438 Posts.
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    XJO up modestly today. +0.46%.



    The XJO chart is in a bearish flag formation. Usually these breaks to the downside. No guarantees. Which way will this one break?

    The following chart suggests an action.




    While the Historical Volatility is increasing, and improving more than the implied volatility, we’re in a bullish environment.

    Look to more upside.

    RB
 
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