Perhaps PB but the SPX chart doesn't seem to give any hint of bad news to come - so possibly its more of a case of a story being found fit the action. The action could just as well be due to the JPY rise rapidly unwinding what remained of the yen carry trade. One bubble bursting while another inflates?
Either way I guess your safer with the TA.
fridays trading, page-44
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Last
8,252.8 |
Change
38.300(0.47%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,214.5 | 8,271.8 | 8,214.5 |
| XJO (ASX) Chart |