Yeh, lookks like XAO 6900 for the major top is on.
As a 1150 multiple it will probably stand for many years.
1150 1987 major bear low.
2300 1987 major bull high took 9 years to exceed.
3450 2002 major bull high took more than 2 years to exceed.
Probably be over and done with this coming week which may still look like a reversal.
lazy friday, page-87
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Last
8,221.5 |
Change
10.200(0.12%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,211.3 | 8,226.5 | 8,199.7 |
| XJO (ASX) Chart |