the market bottomed exactly at a Fibonacci of the most recent run, 5508. Face facts these markets are operating at complete tangents right now, sell down of 100 points then a 100 point rally. No one really knows what is going on right now as the markets are being completely goverened by emotion.
Next week gets our local market in full earnings swing that should give us a lead instead of following (assuming) what the US may do.
PTM is another one with FUM and has been reporting a decline of FUM over the last few months
thursday throbber, page-71
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Last
7,971.6 |
Change
-64.900(0.81%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,036.5 | 8,036.5 | 7,923.6 |
| XJO (ASX) Chart |