In America:
Indices finished well off their lows for the day. DJ +0.11%, SP500 +0.03%, Nasdaq -0.22%, NYA +0.27%, Russell2000 -0.24%.
XLF (Financials) down -0.11%
SP500:
Heiken-Ashi candle for today is indecisive. Indicators are bearish. SP500 remains in a sideways trend caught between overhead resistance and the 13-Day MA. Watch which way this breaks out of that bind.
Australia has a weak negative correlation with the broad American market (Correlation Coefficient -0.48). The commodities pricing helps a little but the major American indices are not much assistance.
Commodities:
DBC +0.06%. Energy +0.53% Industrial Metals +0.06%. Copper Producers ETF was down -0.61%. Gold +0.02%. Iron Ore +0.4%.
Nothing much there for Australia on Monday. Energy could be bottoming out. That's about the only positive (weak as it is).
RB.
- Forums
- ASX - By Stock
- Weekend Charting and Chat - 16th June 2017
In America: [IMG] Indices finished well off their lows for the...
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
7,971.1 |
Change
105.600(1.34%) |
Mkt cap ! n/a |
Open | High | Low |
7,865.5 | 7,976.9 | 7,865.5 |
Featured News
XJO (ASX) Chart |