XJO 0.31% 7,850.7 s&p/asx 200

XJO - Bear Posts only (Factors which might cause the markets to fall), page-16288

  1. 9,438 Posts.
    lightbulb Created with Sketch. 5208

    U.S. Indices rise. ASX to open lower.

    Dow Jones +0.53%. SP500 +0.28%. Nasdaq +0.4%. Small Caps +1.4%. Regional Banks +2.92%

    SP500

    SP500 up modestly last night. Rising wedge pattern usually breaks to the downside. Double negative divergence on MACD Histogram is usually a reliable bearish indicator.

    Commodities.

    Commodities Index -0.89%. Energy -0.38%. Base Metals -0.44%. Agriculture -0.45%. Gold +

    Those commodity prices won't do any favours for the ASX today.



    Those commodity prices won't do any favours for the ASX today.

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