Naaim is way higher than 2007 top.
So is ADX on SPI.
Last time 14 RSI was this high was 1989 precrash high and 1987 precrash high.
BUT maybe its different this time.
Everyone is bullish now.
The market has been rising for nearly 4 years.
Whats the average length of a bull market?
US markets about to make new all time highs.
That is fine but keep in mind that from every all time high the market will decline 50% at some time.
Allways has.
Armstrong would suggest a top around June 22 but not in a straight line.
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Last
8,630.3 |
Change
59.900(0.70%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,570.4 | 8,632.8 | 8,570.4 |
| XJO (ASX) Chart |