XJO 0.67% 8,150.0 s&p/asx 200

A/D Chart including todaytodays figure is a quite bearish 0.55...

  1. 482 Posts.
    A/D Chart including today
    todays figure is a quite bearish 0.55 with the NYSE approx the same.



    Volt- so if we have gone from a unsustainable 40pt or so discount to now approx flat that gives us a potential for a more serious and sustainable decline assuming discount doesnt blowout.

    Also after the recent rally we have stochastics and other metrics 'overbought' and now heading down.

    I am slightly skeptical about this early march figure as so many are waiting on it to be a turn. However it does have much merit.
 
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