XJO 0.40% 7,736.6 s&p/asx 200

Heaps more bargains today in XJO City. I'm still not buying,...

  1. 567 Posts.
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    Heaps more bargains today in XJO City. I'm still not buying, because too many technical supports are getting smashed.

    From the high in early February to now, this XJO correction has so far fallen about 600 points, or about 8%. Major corrections are sometimes 15%, so there could be quite a long way yet to fall before markets turn upwards again.

    Events, not technical charts, will determine when this correction ends. Events seem to be rather unpredictable atm.
 
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