Looks like the top is in now, we might get a bonuce to try to fill that gap above from last night, based on the jump in the VIX and form a lower high maybe? Either way the "crash" has begun IMO. Note I said "crash" because this isnt the real crash that will come later. We do seem to be forming a major top last couple of times this happened market fell a lot MORE than 10 percent so careful.
Ultimately I expect the market to duplicate the 2021 bitcoin top feels very similar to me. After bitcoin formed a major top in 2021 it collapsed over 60 percent (from memory). Welcome to the next year or two in stocks maybe? hehehe. We have a recession on the way, a banking crisis on the way (commercial real estate) and a housing crash in the not too distant future and people think I am being bearish? lol.
last question? What happens once the Fed pivots? Bulls claiming this is bullish while market and charts telling us it is the exact opposite = crash. Good luck all especially the bulls got a feeling they will need it most over 2024 and 2025. Mind you, maybe I am not being serious? Maybe I made all the above up? I let you all decide hehehe. Off on more adventures its fun beign retired.
P.S. HC has suddenly stopped freezing up first day - omen? lol.
- Forums
- ASX - By Stock
- XJO
- XJO - Bear Posts only (Factors which might cause the markets to fall)
XJO
s&p/asx 200
Add to My Watchlist
0.70%
!
8,630.3

XJO - Bear Posts only (Factors which might cause the markets to fall), page-14636
Featured News
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.
|
|||||
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 |
Featured News
XJO (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
Previous Video
Next Video
SPONSORED BY The Market Online