Aussie XVI take 2

by Raymond Chan

Further to my comment this morning about the XVI reading at 20 (which I looked at over the weekend), as the ASX updates the figure retrospectively, the 20 is now Thursday's reading and this morning the Friday reading of XVI is updated to 21.3!

Remember the target of 21.9 on the XVI and the 4560/80 level on the XJO? The XJO dropped to a low of 4564 this morning, before recovering mid-morning to 4616 now at the time of writing.

May be the XJO actually spiked to 21.9 in the morning, which we won't know till tomorrow morning.

Volatile times.

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