Where should ASX200 be in relation to SP500 right now? ....

  1. DmitriMA
    3,415 Posts.
    lightbulb Created with Sketch. 221
    clock Created with Sketch.
    03/04/20
    13:55
    Post #: 43863333
    Where should ASX200 be in relation to SP500 right now?
    .
    Revisiting the calculation method in my initial post:
    .
    SP500 EMA 20 = 2620
    Last close = 2527
    i.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!
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

Featured News

TEA Newest ASX entrant, Tasmea Ltd, up 12.5% on maiden debut
right-arrow Created with Sketch.
NEWS Quarterly Wrap: Infini Resources, Barton Gold & Infinity Lithium
right-arrow Created with Sketch.
LU7 Lithium Universe ends the quarter on the charge for Quebec Refinery development
right-arrow Created with Sketch.
CXO Core Lithium is running off stockpiles – and they'll be depleted by FY25
right-arrow Created with Sketch.
LU7 Lithium Universe successfully locks in $3.65M to advance North American play
right-arrow Created with Sketch.
BPH BPH Energy wraps up Q1 with $6.6M in cash but Canberra still stalling shareholders on PEP-11
right-arrow Created with Sketch.

Top Stories

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.