sexysue.....we r in a very unique situation at the moment...the aussie market is really taking the lead on the downside when u compare it to europe and the u.s...the big problem at the moment is that europe has just started to faulter through support levels..meaning that there is plenty of downside in europe...the u.s is heading towards 11500(the measurement in regards to the broadening formation)..I personaly think that the aussie market is due for a bounce...nothing huge a 150 points or so...then we should retest 5615...now this level is crucial a break below this level could see the asx free fall towards 5000...im betting that it will.i would not be adding to long positions at the moment and certainly would not be investing...the bounce if it occurs would be classified as a massive bull trap....Again sue i have been in the markets a very long time...and this situation looks very very ugly and unique....
P.s ...i also believe the dow will retest 10000...we wont be seeing new highs in the dow for a very very long time...
sexysue.....we r in a very unique situation at the moment...the...
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Last
$64.65 |
Change
0.980(1.54%) |
Mkt cap ! $12.53B | |||
| Open | High | Low | Value | Volume |
| $64.50 | $64.85 | $64.14 | $15.02M | 232.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14 | $64.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $64.70 | 1008 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| ASX (ASX) Chart |