XJO 0.10% 7,767.5 s&p/asx 200

xjo weekend zoomba lounge, page-83

  1. 19,112 Posts.
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    Hmmmm

    Very interesting night on the BND (Total Bonds ETF).

    Massive Volume, Gapped Down, pushed through the potential support, but was bought back to close just back within that potential support.

    A gap down shakeout can be quite bullish in an uptrend, but needs respect in a down trend, so further info (bars) will be needed to clarify the situation.

    For the bar to come back up and close off it's lows, shows there was some support coming in, however there was also massive supply present.

    This will be worth watching, as we might gain info on the markets sentiment to the stockmarket here.

    cheers

    BND (Total Bonds ETF)

 
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