On the 08/03 I posted about the average length of a “volatile market”, after which, all things being well, a bull market would return.
The estimte was the 23rd of April as the date.
What’s changed since early March? Trade wars. This perhaps will have extended the volatility. The IMF have also been commenting on protectionism and its detriment to global trade recently, more gloomy news.
It may mean we have to wait longer than the “average” time for a bull market to return. I couldn’t say how long that will be. But if the “trade wars” resolve that should bring some optimism back.
As always we have great posters hear keeping us informed of clues from a TA perspective (and FA comment which is never unwelcome in my view - even on a chart thread!).
GLTAH
Dont be an April fool - Charting thread., page-252
-
- There are more pages in this discussion • 198 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.90 |
Change
0.160(5.84%) |
Mkt cap ! $8.731B | |||
| Open | High | Low | Value | Volume |
| $2.83 | $2.90 | $2.80 | $106.1M | 37.06M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 325534 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 158813 | 18 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |