I think a crash is not very likely although still sticking to the dates.
Of course by a crash I mean falling 30% in a day like 1987.
Doesn't rule out a much lesser drop.
If I look back to 1987, RSI wasn't as oversold as now and of course we haven't run up 5 X like then.
So more likely is either continuing flat lining or if we get a one day bounce, then a divergence in momentum with alower low.
Yes, we could instead just get a persistent decline with little one and two day rallies.
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Last
8,542.3 |
Change
28.100(0.33%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,514.2 | 8,576.7 | 8,514.2 |
| XJO (ASX) Chart |