XJO
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0.22% 8,109.9 s&p/asx 200

Have XJO bottomed today, page-52

  1. redbacka
    9,448 Posts.
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    17/03/20
    21:36
    Post #: 43547788
    It Just Got Serious. 17/3/20

    Yep - it's official. This is serious, folks. Bunnings are suspending sausage sizzles from tomorrow.


    What does the Stock Market think about it? What? Up +5.83%

    https://hotcopper.com.au/data/attachments/2047/2047198-7375f9f79e9c1e70068e0d5b1d6cdba3.jpg


    Ok. Let's get some sense into this discussion.


    We saw a great counter-trend rally today. Any such rally in recent days has been followed by a down-day. (So, maybe the Bunnings-Sausage-Sizzle is a predictor of future effects in the XJO. Or, maybe not.)


    At this stage, the trend is down. Stay with the trend.


    XJO Value at posting: 5,293.4
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