XVI (VIX for SP200) has dropped to just over 11, a 14% drop over the last 3 trading days. That, and the expected continuation of rebound in oversold banks, gold price moving up, weakness in $A, should be indicating another up day for the XJO on Monday. Good sign also that Friday ended close to daily high. But not prepared to bet the house on it.
Weekend Charting and Chat - 2nd June 2017, page-26
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Last
7,861.2 |
Change
-102.500(1.29%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,963.7 | 7,963.7 | 7,861.2 |
| XJO (ASX) Chart |