XAO 0.70% 8,539.0 all ordinaries

Short Term Trading Weekend Lounge: 22-24 Feb, page-37

  1. 1,889 Posts.
    lightbulb Created with Sketch. 1023
    Yes @48&34, it can be frustrating to go against the grain overnight even when you can't think of a reason for it to keep going.  There may be some intraday opportunities though.  To be clear, I would keep a very close eye on political things aside from the trade war stuff. Imho this is very serious stuff and I don’t say that just because they put it in newspapers.

    Here is some implied volatility chart stuff for you to consider as we go into the new week.  This is what bears will be looking at.  And here is some yearly NYSE breadth in the form of Advance-Decline lines . @VVX565 has dutifully kept us up to date on the total daily picture.
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.