XJO 0.24% 8,140.9 s&p/asx 200

speed up the economy - monday, page-12

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    XJO marginally 0.0% after being up higher early in the day.

    Here’s the chart for STW – ETF tracking the performance of the XJO:



    13 Days up in a row. Quite unusual. The Money Flow Index is at an a level I haven’t seen before on the STW. RSI is above 80 – a rare event. The contrarian in me says this is coming down.

    On a L-L-H basis (see George Lindsay) we’re probably at a top.

    Redbacka
 
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