DJIA daily - there is zero doubt that the bubble officially starts (or ends) here, depending on the global risk diet. 2.5% CAGR is significant historically since before 1900. Beta funds will be sellers here if 17828 fails hold IMO - it is the fib extn and channel level. Would be a reasonable expectation that some selling occurs after the Xmas bonus pools have been distributed. Cape PER says anything above 24 always retraces. Currently CAPE sits at 26.9 - but that trend is always your friend and needs to be respected. Put your own capital needs first in any case.
(edit: forgot to add image)
DJIA daily - there is zero doubt that the bubble officially...
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Last
7,848.1 |
Change
-33.200(0.42%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,881.3 | 7,885.1 | 7,837.8 |
| XJO (ASX) Chart |