XJO 0.74% 8,285.2 s&p/asx 200

i'm picking up bad vibrations, page-12

  1. 8,619 Posts.
    lightbulb Created with Sketch. 374
    Not gonna become bullish this market unless it works of this bearish divergence on the weekly. Could take a month.

    A weak month in April is called for. Now of course bulls will think that's impossible. Laughable. We are talking one month now and probably one month in October. That's 2/12. Nothing.
    On the daily it is also very far above the trendline. Dangerously lofty hights.

    The mentality of the bulls, that the market will always go up, suggests it could be a bubble.

    Image hosting by Photobucket
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.