XJO 1.75% 8,092.3 s&p/asx 200

Can our markets be down on Monday?Of course they can but here...

  1. 17,444 Posts.
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    Can our markets be down on Monday?

    Of course they can but here are two considerations.

    The SPI discount is getting towards extreme and considering expiration is next Thursday I wonder.

    Also close less open is as low as it has been in recent times and if Monday closes significantly lower than the open then I will be surprised.

    It may be that Monday opens way down and finishes with a smaller discount and a higher close than open and that would 'fix" these readings.

    All rules get broken now and then.
 
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