DJX all about the roll, unconventionally, today’s levels and comment.

 

No change in the ratios in the DJX but more importantly no change in that position.

To us its one but in actuality it may be an amalgamation of many, just in case there was any doubt.

Being the rollover, this could easily be the catalyst, but as they have been so confident throughout then it could be down to the wire, only time will tell.

 

Range:            24900  to  …..     

Activity:          Moderate

Type:               Bearish

 

 

 

It went on quite a journey yesterday, getting as high as 26086, but in one of those coincidences we love it managed to finish right back on Y2.

Of course, this is Feb so it shouldn’t really impact until from now on, but this index has been a law unto itself so normal “rules” haven’t applied for a year now.

Activity is high but that is because the benchmark is so very low, so all eyes on what might or might not be rolled today…..

 

Range:           25400  to  25800        or        25800  to  27000 

Activity:         Very strong

Type:              Bullish

 

 

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January 17th, 2018 by