The US markets momentum is very strong but it's very toppy and I can't see what going to drive them up until further sign of economic recovery coming out. At the same time, I am uncomfortable shorting the markets.
There are many reports coming out in the US last week, stating, insiders are selling out at these level and continue to do so on Friday. This should be a negative sign for the markets.
### very near a top ### imho :), page-9
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Last
$4.83 |
Change
-0.030(0.62%) |
Mkt cap ! $3.243B | |||
| Open | High | Low | Value | Volume |
| $4.86 | $4.86 | $4.82 | $1.923M | 397.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 803 | $4.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.83 | 1262 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| DOW (ASX) Chart |