Seasonality looks broken - played out really well all year.. but seems busted maybe too many punters expecting 4th qtr seasonality to play out as scripted and market has innate ability to make the majority look foolish.
After Fed's November Fed meeting don't be surprised if the language post strong GDP and consumer spending the market "may" start factoring a rate hike for December.
The economy the Fed can not kill.
23/10 Indices, page-200
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Last
8,118.8 |
Change
-41.200(0.50%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,160.0 | 8,160.0 | 8,063.2 |
| XJO (ASX) Chart |