Jgunter... the market can stay overbought for months.. BUT imo a correction or a collapse is getting closer.. the RSI is a worry ...i would like to see the markets rest or consolidate..what i do not want to see... is a big down day on heavy volume across all sectors..this imo would be very bad..
To conclude and IMO one needs to be ever vigilant..
To add a little more ..for the markets to sell off... there needs to be a catalyst.. greece?
bill3173 - passion in your xjo posts tuesday, page-38
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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 |
| XJO (ASX) Chart |