XJO 1.39% 7,575.9 s&p/asx 200

It's just due a dip. These things are cyclical and expected...

  1. V*
    5,154 Posts.
    lightbulb Created with Sketch. 11
    It's just due a dip.
    These things are cyclical and expected every 6 to 8 years, yeah??

    I think it may have been HC's Voltaire who suggested watch for a 20/50 cross on monthly for big swings.
    With that in mind, here's a monthly chart saying the next crash has started:

    Perhaps it can recover and maintain this up trajectory from here (as per ASX chart shared above by $tock1), but USA has had a very good run since GFC until now so the timer must be about done.

 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.