XJO 0.84% 8,295.1 s&p/asx 200

Have XJO bottomed today, page-52

  1. 9,480 Posts.
    lightbulb Created with Sketch. 5337
    It Just Got Serious. 17/3/20

    Yep - it's official. This is serious, folks. Bunnings are suspending sausage sizzles from tomorrow.


    What does the Stock Market think about it? What? Up +5.83%

    https://hotcopper.com.au/data/attachments/2047/2047198-7375f9f79e9c1e70068e0d5b1d6cdba3.jpg


    Ok. Let's get some sense into this discussion.


    We saw a great counter-trend rally today. Any such rally in recent days has been followed by a down-day. (So, maybe the Bunnings-Sausage-Sizzle is a predictor of future effects in the XJO. Or, maybe not.)


    At this stage, the trend is down. Stay with the trend.


 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.