Interesting that the S&P closed almost right on the 55 day moving average. Laundry suggests a blast off from around this point, and believes this is the most reliable point for a rally. Should be an interesting couple of weeks as their are a lot of divergent opinions at the moment - mind you there always are.
I think we'll scratch around for a couple of days and then rise in the latter part of the week. Interesting that BHP is likely to fall below maximum option pain level of $34 today. Is a pretty reliable indicator, which would also suggest the market might scratch around for a couple of days into thursday
- Forums
- ASX - By Stock
- snippets from my weekend report
Interesting that the S&P closed almost right on the 55 day...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
7,699.8 |
Change
19.200(0.25%) |
Mkt cap ! n/a |
Open | High | Low |
7,680.6 | 7,738.2 | 7,643.3 |
Featured News
XJO (ASX) Chart |