XSO s&p/asx small ordinaries

WOW! One post for the day yesterday! We really do need PB to...

  1. 4,515 Posts.
    lightbulb Created with Sketch. 1024
    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::

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.