trouble is, theres more than one way of defining the market cycle (ie bull or bear) and not all are time dependent. Some people rely on the break of the trend line, others watch the Fib levels, others use gan support lines, some use moving averages, others use a sequence of market events. This means that its largely an opinion as to whether we are in a bull or bear market. If you're a contrarian, the more bears appearing the more you should watch for a move up! Encourage the bears (if you're a bull!) lol
cheers!
- Forums
- ASX - By Stock
- bear market remains in force
trouble is, theres more than one way of defining the market...
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TLX
Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
Add XJO (ASX) to my watchlist
|
|||||
Last
7,959.3 |
Change
69.700(0.88%) |
Mkt cap ! n/a |
Open | High | Low |
7,889.6 | 7,969.1 | 7,889.0 |
Featured News
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
XJO (ASX) Chart |