Yes we might have a bit of a push today (but could be majorly influenced by options trading and general balancing today and Friday). Monday will be telling. Some of the yield movement down might be due to some 'cheap' bond buying. I suggest the smart money is moving into Gold. If that continues up, then more xjo downside pain to follow.
XJO pushes are additional opportunities to open more short positions imho.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-101
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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 |
| XJO (ASX) Chart |