well it will put EW theory under the pump! lol
jan 00 was the top less than 12000 and then the insane rally from '03 which was built on a mountain of debt topped at 14000 (which is now imploding), this was not a new bull market but the wave b correction that began 8yrs ago. wave a wiped about 40%. wave c is the biggest.....with the iminent implosion of the empire america, anything is possible.
1700 would be a buying op i reakon! lol
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,639.0 | 8,776.4 | 8,639.0 |
| XJO (ASX) Chart |