Anyone else feel that the fact the SPX slipped under it's Nov 21st intraday low of 741 on Friday (closing at 735) is of real significance to our market?
Seemed to me that we were waiting for that low to be breached before seeing new lows on ASX? Under 3201 XAO? & 3217 on XJO?
Aus market has held up well in comparison last few weeks, imo because the current decline in US has less significance on our market (ie bank nationalisation - citi etc).
Could this new low on SPX drive us under today? Any thoughts?
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Last
8,580.1 |
Change
-9.100(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,589.2 | 8,619.8 | 8,568.2 |
| XJO (ASX) Chart |