XJO 0.43% 8,079.4 s&p/asx 200

thurs spi, page-78

  1. 17,444 Posts.
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    The good thing about the current trend in arkets is that it has held up.

    If the markets had retraced into Armstrong's 25th Feb date the it would have allowed a strong move up.

    Although not a guarantee it now places the odds well into the camp of a significant down move.

    Expect a major financial change from now on.

    Will it be stock markets or currencies or commodities?

    I don't know but you can bet that a major turn of some sort is about to happen.

    Last cycle was the Asian crash. Two cycles ago was the all time high in the Nikkei.

    It is unlikely to be something that is in a downtrend so take your pick.

 
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