Current Global Sentiment swinging from Bear to Bull and back again during intraday...too much indescion to choose a direction...
Possible Senario....
Europes immediate problems are sorted with the interest of maintaining the Euro, and the EU members, intact....The price....a decade of Austerity, stagflation and erosion of the EU
Smart Money is cashed up AND controlling the market....When Europe announces they are bailed out....Mum and Dad will jump head over heals to catch a bargin...Smart Money react by selling into the high volume in choppy trading over a week or two followed by a test to the August 9 Low...
Will the market turn into a bull....me thinks not...the Bear is with us....
xmass rally....as long as it fits with the above...
Neither the Bulls or the Bears have the current Market...she is in the hands of the $$GODS$$
pilatus - donkey wednesday, page-156
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Last
8,199.5 |
Change
67.700(0.83%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,131.8 | 8,224.2 | 8,131.8 |
| XJO (ASX) Chart |