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clock Created with Sketch. 21/03/23
22:08
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Originally posted by dc1234:
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Will we continue to rally up to Rate Rise? Yes AGE remained flat to finish at 3c. Our volume was very low, just over 2.8m shares traded. No direction, holding 3 and waiting for market direction.. ASX U stocks were mixed but marginal. Of the 28 stocks that I track, it was flat, on average no gain or loss - overall a low volume day. What next: . Yesterday SP 500 played as was expected and got ahead by 1% to 3951. Before yesterday that was the most plausible path, but yesterday ASX crumbled as if US markets will tank. That was not be. ASX also finished high in a similar range of around 0.8%So what will happen tonight? US Futures flat. Asian markets mostly moderate green except Nikkei which fell. Bitcoin around 28k but they are on their own journey - some talks that it may reach $1m - wild jungle out there. No major data tonight, some home sales data which may not have any impact. Everything is being set up for tomorrow - Rate Rise and FOMC Mr. Powell speak. Expectation is of 0.25% increase but anything can happen. So we got one more day to cross 4000 - I have a feeling an attempt may be made today, whether successful not sure, but would be good to at least hold 3930 if down.. Will that happen? Lets hope so. All the best.
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Hello DC
(20min delay)