Dunno about Wall St but I think ASX XJO will be heading towards 2700 and hopefully find support there. Whether it gets there Monday or takes its time I do not know, I think it will depend on how Wall St goes tonight. approx 2700 is the level back in 2003 where this bubble began. I think it will bounce off that pretty strongly because it will loosen the purse strings of many investors including the banks to take a punt on cheaper quality stocks.
One scenario anyway.
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