XJO got the catalyst Friday night.
Banks that have been running like meme stocks finally showed their hand - and their hand didn't look very good tbh.
IMO - CBA wants to test $106 in the near term.
Perhaps markets can tread water till vixperation and/or opex but writing is on the wall...
In saying that, it's nearly one year since SPX sold off 2%
I'd say we need to see the handbrake on VIX finally taken off to see a pullback of any real size.
15/01 Indices, page-3
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Last
7,724.3 |
Change
-25.400(0.33%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,749.7 | 7,751.8 | 7,718.0 |
| XJO (ASX) Chart |