XSO 0.65% 3,192.3 s&p/asx small ordinaries

The Brains Trust-2019, page-114

  1. 2,487 Posts.
    lightbulb Created with Sketch. 138
    No worries, I've never done comparisons this way, and I'm sure there is a more suitable one to use than MACD.

    Here's a closer look, may be a little tough to discern much from this one specifically.

    https://hotcopper.com.au/data/attachments/1415/1415068-8a9ee60d00a5fb6aee2ca0d4de5ce86e.jpg


    If I unlink these next ones so it's not an "absolute" percentage comparison, but a more a reflection of it's own volatility and trend, it probably gives a clearer view of their recent similarities (I'd call this a little more of an artistic comparison than a straight scientific one). Put simply the 2 lines use different scales so direct comparisons are not strictly accurate (so a 30% move by copper potentially looks the same as a 10% more by the yuan for example, the size of the move is more a reflection of movements against itself for the period visible on the chart). Not sure if that makes sense.redface.png

    Left scale = Yuan, Right = Copper. 
    https://hotcopper.com.au/data/attachments/1415/1415101-d307ab38719e0b3a4af800a1c86c00ac.jpg

    Here is a 1hr version which shows more detail. 
    https://hotcopper.com.au/data/attachments/1415/1415056-cf73c1f5967c976fee9157c4cf439ddd.jpg

    Here's from 2017 onwards, also showing some interesting correlations.
    https://hotcopper.com.au/data/attachments/1415/1415093-68384365f3baf700d0ffebfd5a6b097d.jpg

    Last edited by Bugsam: 21/01/19
 
watchlist Created with Sketch. Add XSO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.