XSO and Interest cutsIt's easy to get caught up in all the hype around interest rate cuts and thinking of all the money that will start flowing back into smaller caps and risk assets in general. Taking a look back at the 3 previous periods of easing rates, we can see that this isn't necessarily the case.
This graph is
XXX
S&P/ASX Small Ordinaries Index
No trades
No trades
Compare with S&P/ASX Small Ordinaries Index
XSO.AX ~ Snapshot TA / ASX Small Ordinaries IndexChart mapping/analysis for ASX Small Ordinaries Index ASX:XSO
ASX Small Ords ETFs:
- ASX:MVS ASX:SSO ASX:ISO ASX:SMLL
Constituents (aggregate ETF holdings):
- ASX:ANN ASX:AUB ASX:BPT ASX:CNU ASX:CSR ASX:FLT ASX:ILU ASX:JBH ASX:LTR ASX:MTS ASX:NHC ASX:NSR ASX:ORA
$XSO 38.2% fib retrace to support TLHUGE cup forming still has some way to go after this normal retrace.
XLong
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's value movements over previous years to identify recurring trends.