HC isn't liking me replying to your posts directly..
Bizarre although this HC platform has bugs galore that they never fix. Do yo get an error msg, or does it just sit still and do nothing? I use Old Hotcopper too.
Of course you're right, none of the major indexes are really rolling over hard just yet, having hovered around ATHs for so long, not even a frigging recession stopped the Deutsches Volk from going full bull!
Except the HangSeng on its 5 year downtrend. Amazing how the two largest economies of the world have such different charts. There could be a lesson in there for all of us. Maybe they are rattish, or piggish...you know, Chinese have those different animals of the year.
XJO futures weekly is hitting the 200MA now, so would expect a bounce here, the strength of it will be quite telling though. ITs well below the Pre Covid high of 7200, so expecting a re test of the first major support level of 6400 at some stage. I dont see the news getting any better for Australia, plus we import all the doom from overseas, so.....get ready to frown a lot.
Seems to me mainstream media is turning a lot more negative too, here and in the US.
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