XSO 0.16% 2,997.6 s&p/asx small ordinaries

The Brains Trust, page-6604

  1. 4,246 Posts.
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    WOW! One post for the day yesterday!
    We really do need PB to manage us on this thread!
    So how about a few posts today from the BT?  
    I for one am aiming to get more exposed to gold (was hoping to get set below $1300 but it stuck its head above last night on yet more NK shenanigans) so could I request once again favourite 2 or 3 Goldies? I will collate any responses and post a few charts.

    A couple of random TA thoughts from glance at charts;
    Gold; o/n move not convincing to me; although I am bullish med/longer term there is an ominous potential for a massive HnS top being formed

    XJO: i still see a massive (but unusual) HnS top potential which PB advised me not to mention again here; she is away so I will!. Also noted that the DT line formed from 2007 and 2015 highs; price on on weekly touched this line for last 13 bars; unusual, yes; significant we will see if we don't get above 5713 this week!!

    DOW: down o/n ... but well off lows

    SPX; down and now outside previously reported (bearish) rising wedge

    NASDAQ; Down again .... "One rotten apple may really spoil the barrel?" Apple now down >8% since much lauded iphone7 or 8 (I lose track!)

    FTSE; trying to show strength BUT might be a bear flag??

    UD dollar index testing (bearish) downsloping wedge

    LIT: down again; starting to look concerning?

    OIL up (go STO)


    here is IG's C Weston morning summary::

 
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