That is assuming 26th is a low.
By the normal defintion of a bear market being 20% down from its high, the DOW will need to fall a further 95 points to 11358 to qualify as a bear market.
Transports will need a further 471 point fall.
Both are likely on their on their way.
By contrast, XJO needs to be below 5480 to qualify as an official bear market, and, with one of the world's strongest economies, we are well into the bear. So is China.
Bizare
That is assuming 26th is a low.By the normal defintion of a bear...
-
- There are more pages in this discussion • 55 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 XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,769.4 |
Change
-0.300(0.00%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,769.7 | 7,772.0 | 7,753.4 |
| XJO (ASX) Chart |