Hi Guys
I have only 1 thought running through my head and perhaps some1 can throw up a chart.
I read somewhere on HC that the VIX is on the way down. To me the VIX down allows for a potential sideways to upwards move. Simple reasoning being that we have had a run on the VIX and with it the market went down. So potential reverse for both.
Welcome some comments pro/against this simplistic theory.
Also Volt and Robbbbbbb
had turn dates 18/20 June.
Even if we go with the June is a week month notoriously well its coming to an end , July just around the corner.
Im also of the belief that the big boys will want to save up some juicy negative news to bring on your typical Sept/Oct Bear flying out tha window kinda of scenario.
Also with tha comments of June being a horrible month 4 bulls is that for Aust or US markets?
As I see window dressing on quite alot of our charts over previous years. Also is there the potential that in more recent times with tha advent of Mandatory Superannuation tha fundies R in the habit of making the market shine June 30ish 4 there report cards ;))
Zzup;))
Tha Thinking Aloud and Open To Opposing Views Wannabe Kinda Guy
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