It's still early and hard to say it's turning point or just dead cat bounce.
What I can see is that VIX is still low which indicates there is no much panic selling at current stage.
Trading volume is still low , we might still have much selling pressure to be released.
I would stay on the side line for risk concerns, the only cost is 'patience' and time. let's wait and see.
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Last
8,630.3 |
Change
59.900(0.70%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,570.4 | 8,632.8 | 8,570.4 |
| XJO (ASX) Chart |