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More than eight million Australians are living with at least one long-term health condition, the Australian Bureau of Statistics reported yesterday.
Tomorrow marks the end of the financial year and what a rollercoaster of highs and lows it has been for investors in 2022 so far.
The XJO index is sitting on top of a key pivot point around 6750 after trading as low as 6407 and as high as 7288 since the 31st of May 2022. With implied volatility falling from 25% to 18.5% recently, this could be a good time to enter a long volatility position in order to benefit from a potential large swing around the current pivot level. If the market continues to display volatile price action (as it has been experiencing throughout June 2022) then we could see price action rise to 7000 or fall to 6400.