XJO 0.76% 7,921.3 s&p/asx 200

banks, page-157

  1. 9,803 Posts.
    nah, ipl is off today too.. its a general washout.. and look at the IPL chart.. its a parabolic curve up, the reverse of the banks.. and yesterday looks a bit like a blowoff, so it could be in exhaustion phase.. what do we know about parabolas? that when they step to the right of the parabola a 50% decline is the least to expect..
 
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