Normal
Tea leaves indicate a rally from technical oversolds until mid March, but declining from there until mid April:http://www.mcoscillator.com/learning_center/weekly_chart/eurodollar_cot_says_ugly_drop_is_still_ahead_of_us/Assuming lagged Eurodollar commercials positioning still leads the market and that XAO follows global equities:[ATTACH]65678[/ATTACH](h/t barchart.com)BBB spreads are almost as wide as they were in 2011, so far no sign of narrowing though. AU BBBs seem to track global BBBs closely.[ATTACH]65679[/ATTACH]
Tea leaves indicate a rally from technical oversolds until mid March, but declining from there until mid April:
http://www.mcoscillator.com/learning_center/weekly_chart/eurodollar_cot_says_ugly_drop_is_still_ahead_of_us/
Assuming lagged Eurodollar commercials positioning still leads the market and that XAO follows global equities:
[ATTACH]65678[/ATTACH]
(h/t barchart.com)
BBB spreads are almost as wide as they were in 2011, so far no sign of narrowing though. AU BBBs seem to track global BBBs closely.
[ATTACH]65679[/ATTACH]
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
