XJO 0.27% 8,036.5 s&p/asx 200

Week 29/3, page-158

  1. 6,447 Posts.
    lightbulb Created with Sketch. 1059
    Still needs to clear 13600 before I'm completely convinced
    The last 4 attempts have failed
    This is the 2nd attempt at breaking the downtrend
    But yeah, asx won't break out of its sideways range until the nasdaq is going up again

    10yr bond yield is falling again so we could see another green day or 2 at least, even if US markets buckle again
    Breaking under the support level from February & we should see markets flying
    Support levels get hit & bounce up again & we're back to same old sideways trading
    So definitely watching those 10yr bond yields for clues with market direction
    https://hotcopper.com.au/data/attachments/3059/3059369-e9834ed97be89642c5873060927bf998.jpg
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.