XJO 0.87% 8,283.2 s&p/asx 200

Weekend Charting and Chat - 26th August 2016, page-5

  1. 19,112 Posts.
    lightbulb Created with Sketch. 3682
    Some interesting overnight news moved the charts somewhat,
    and while it might be a bit early to form a firm opinion on direction, it is worth a look at some of them.
    .
    ES appears to have cleared out both sides........

    .
    But Gold Futures are suggesting they wants to go lower......

    .
    Crude suggesting lower as well

    .
    Copper didn't move much, but favouring the downside......

    .
    US 10 yr note looks to have broken down (so the inverse suggests the ES will attempt to move higher),

    .
    USD Index Futures moved higher,

    .
    which moved the Aussie lower after initially pushing higher and squeezing the shorts,

 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.