XJO 0.88% 7,959.3 s&p/asx 200

I see Goldman Sachs pointed out that in the last 119 years that...

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    I see Goldman Sachs pointed out that in the last 119 years that from Sep 14 to Sep 30 only 2 days have been positive out of 18 ON AVERAGE.

    I don't know whether they mean days or on a points basis.

    ON AVERAGE of course doesn't stop every day this year being up.

    Seems XJO 4600 on a close basis give or take a bit may be working. It was the 1150 division mark as I showed earlier and two closes on the way down last year.

    A clear close above would probably be very positive.

    My dynamic low today is 4530 so probably much below that is a time to be thinking of a profit today, although 4 hr RSI is now below 50 and some caution.

    Other momentum shows lows more below 20 than highs above 80 which is also short term negative.

    You would expect that if we stay down then just a medium decline tonight in the US means we have anticipated their decline and tomorrow is a buy on a weaker open here as usual just for tomorrow and then we rethink.
 
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