I would bet on a cycle high too. However, I can't pick a date lol. SPX up another 10 to 15 pts before turn is my estimate.
A breakout of the trading range is extremely unlikely but with this fed anything is possible.
The strength of the fed induced technical rebound is somewhat scary. Such a strong bounce with such fundamental weakness leaves me wondering what will be next.
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Last
8,677.2 |
Change
9.000(0.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,668.2 | 8,714.6 | 8,652.6 |
| XJO (ASX) Chart |