XJO - Bear Posts only (Factors which might cause the markets to fall), page-9858

  1. 2,611 Posts.
    lightbulb Created with Sketch. 2720
    Looks like banks are staying under pressure with the Fed and PacWest adding more fuel.

    Banks may have sold off overnight but all were up in early after-hours trading - until PacWest stepped in and squashed those gains.
    .
    https://hotcopper.com.au/data/attachments/5246/5246179-9d5dcc0d47fe6c46508ec90da42e99db.jpg
    .
    For those interested, I've just updated TA on CBA thread.
    In previous post ( a month ago) I did mention where I thought CBA would peak on it's run - turns out CBA peaked a mere 11c above this price.

    CBA has just given up it's 12mth POC and dropped into a volume void, so unless some buyers can appear (or MMs have a little run closing shorts) then I think we'll see this void fill at least to low $97's (likely low $96's) soon.

    Can view post HERE

    Play safe, stay nimble and good luck whichever way you trade...
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.