Hanging Man Candle formed on all Indexes last night. I assume when CPI came in elevated, people sold off, then realized "seasonality" so bought back in. Job numbers held up. U.S. Economy just keeps chugging along, but for how long. CPI should resume its downward Trend from here I'd say, particularly in March/April. But how long are the Institutions prepared to Hold Stocks treading water? Down seems to be the bias atm.
08/01 Indices, page-68
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Last
7,724.3 |
Change
-25.400(0.33%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,749.7 | 7,751.8 | 7,718.0 |
| XJO (ASX) Chart |