Much more likely this is just part of a normal cyclical correction. If I had to predict I would say the multi-year correction will end approx. mid-February with the market falling in the vicinity of 15% from its recent highs. This equates to the Australian All Ordinaries (XAO) falling just below 7,000, likewise the ASX 200 to approx 6,600. The current market is definitely not signalling the mother of all crashes IMO; instead showing signs of a normal cyclical correction that occurs every couple of years (lines up with the Mar-2020 Covid low nicely). IMO many retail traders get caught up in the 'noise of an imminent crash'; the end result is the retail investors panic selling and the larger players accumulating.
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Last
93.5¢ |
Change
0.020(2.19%) |
Mkt cap ! $1.067B |
Open | High | Low | Value | Volume |
92.0¢ | 94.5¢ | 92.0¢ | $1.622M | 1.742M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 64563 | 93.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
94.0¢ | 204239 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 64563 | 0.930 |
6 | 79973 | 0.925 |
13 | 254982 | 0.920 |
11 | 107275 | 0.915 |
4 | 115328 | 0.910 |
Price($) | Vol. | No. |
---|---|---|
0.940 | 204239 | 3 |
0.945 | 22942 | 2 |
0.950 | 91123 | 5 |
0.955 | 42425 | 1 |
0.960 | 61820 | 3 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
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