The market is at a tipping point. All the indexes are hitting trend lines that could cause a reversal, including the VIX (see below). IMO, its all going to depend on what the FED does and says next week. It seems likely the fed will hike rates by 75-100 bps and take a hawkish stance because retail spending remains hot which has to be reined it in. That will push the USD higher and put a recession back on the cards. (Did the FED warn the ECB? I think so.)
- Forums
- ASX - By Stock
- XJO
- XJO - Bear Posts only (Factors which might cause the markets to fall)
XJO - Bear Posts only (Factors which might cause the markets to fall), page-3562
-
- There are more pages in this discussion • 15,399 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,143.6 |
Change
24.800(0.31%) |
Mkt cap ! n/a |
Open | High | Low |
8,118.8 | 8,153.5 | 8,118.8 |
Featured News
XJO (ASX) Chart |