Tomorrow can be a blood bath for xjo with base metals being hammered tonight (oil fall below $60, gold fall to $582, copper fall almost 4%, and other commodities futures fall). BHP fell more than 2% in LSE.
Tomorrow I expect most resources, metals, mining, and energy stocks to be hammered. In addition, considering xjo has been severely overbought in the last couple of days, sharp correction is always expected.
Imho, with future direction of xjo is still uncertain and market is pretty volatile, the market is best suited only for experienced traders looking for short term high return and high risk opportunities.
- Forums
- ASX - By Stock
- heavy correction expected
Tomorrow can be a blood bath for xjo with base metals being...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,205.2 |
Change
7.000(0.09%) |
Mkt cap ! n/a |
Open | High | Low |
8,198.2 | 8,221.7 | 8,186.1 |
Featured News
XJO (ASX) Chart |