Where should ASX200 be in relation to SP500 right now?.
Revisiting the calculation method in my initial post:.
SP500 EMA 20 = 2620Last close = 2527i.e. - 3.6% under EMA 20.
(RSI = 44)..
ASX200 EMA 20 = 5331
-3.6% under EMA 20 = 5140
ASX200 @ time of posting = 5139.(RSI = 42)..So... about here!
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Dusko Ljubojevic, MD
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