Australian (ASX) Stock Market Forum

The HHI gapped high on the open, just at a point that one could start to expect some shorts to cover, but none did...just more longs getting out. Every day has been the same thing, sell rallies. Every time this happens the SPI sells off. On one occasion the HHI was very offered, yet the SPI stayed in a flat range with dips being bought. As soon as the HHI went to lunch the SPI rallied 20 points (one for the playbook). If somehow the HHI could rally and take out todays HOD i would expect to see some shorts run, the SPI should rally hard.
 
The HHI gapped high on the open, just at a point that one could start to expect some shorts to cover, but none did...just more longs getting out. Every day has been the same thing, sell rallies. Every time this happens the SPI sells off. On one occasion the HHI was very offered, yet the SPI stayed in a flat range with dips being bought. As soon as the HHI went to lunch the SPI rallied 20 points (one for the playbook). If somehow the HHI could rally and take out todays HOD i would expect to see some shorts run, the SPI should rally hard.

yep, bidding the low....liquidity guys romping around with honkers....bid side still the impulsive side
 
yep, bidding the low....liquidity guys romping around with honkers....bid side still the impulsive side

Hi, 3 statements and I have no idea what they mean. Care to explain?

[edit] first one is ok. ... [edit] and the 3rd now... still haven't figured out the 2nd
 
Alright, if that's how we're going to play...

"If all the animals along the equator were capable of flattery, then Thanksgiving and Hallowe'en... would fall... on the same day".

Your turn.


that's the way.....youre getting the banter part of the thread.....altho, ya kinda gotta inc something something trading ....mkay :D
Joules MM1
2016-May-11 13:53:27
honkers no bid out at 70
like that
 
trending

xjo trend 190516.gif

will look for this action to complete when the $XGD has completed its pullback....some ways to go, probably
 
looks like just treading water, gets stuck at 5300-5400

the fear of the FEd raising rates starts to hit global markets again, frustrating times for investors
 
The Dow Jones Index jumped 200+points last night on speculation that there will be a interest rate rise in June. Last year the speculation of an interest rate rise would have sent the Dow plunging. Go figure eh? Our dollar fell against the US dollar, today will be interesting to see whether the banks continue to slide.
 
The Dow Jones Index jumped 200+points last night on speculation that there will be a interest rate rise in June. Last year the speculation of an interest rate rise would have sent the Dow plunging. Go figure eh? Our dollar fell against the US dollar, today will be interesting to see whether the banks continue to slide.

I saw something about the banks the other day on TTN, something about how hedge funds had massive short positions against them....i'll try and find it.
 
I can make some sense of Europe and Asia market indices atm. But the US and Australia, completely bipolar.

Possible Brexit the next thing to watch I suppose. Anyone following this, what are the odds? Would the UK really take such a drastic step?

Google is my friend I guess.
 
I can make some sense of Europe and Asia market indices atm. But the US and Australia, completely bipolar.

Possible Brexit the next thing to watch I suppose. Anyone following this, what are the odds? Would the UK really take such a drastic step?

Google is my friend I guess.

Odds are still for the UK staying in, but a new poll should be out tomorrow i think...

A great source of info is twitter, find someone to follow (like me) who has a bunch of cool news feeds and then setup Tweet deck...its the best free news feed going.
 
Odds are still for the UK staying in, but a new poll should be out tomorrow i think...

Unlikely they'll leave, but it's hard to know with non-compulsory voting where the Yes/No campaign are split along age lines.

I'm British (And Australian), I'm eligible to vote, but won't be. If I was going to vote, I honestly don't know which way I would go. I'm leaning more toward remain, but many aspect of the EU really grind my gears.

Sorry, probably doesn't belong in the banter thread!:D
 
Unlikely they'll leave, but it's hard to know with non-compulsory voting where the Yes/No campaign are split along age lines.

I'm British (And Australian), I'm eligible to vote, but won't be. If I was going to vote, I honestly don't know which way I would go. I'm leaning more toward remain, but many aspect of the EU really grind my gears.

Sorry, probably doesn't belong in the banter thread!:D

I think its great banter!:xyxthumbs
 
You can see some of the divergences at play when you compare the strength of the trends in the Global Equity Indices....explains some of the strange patterns/failures.

Red - Bearish
Blue - Neutral
Green - Bullish
 

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