Shorting the Housing Bubble in Australia, page-155

Daily Chart folks,

The delights of the GAP filled...... so there we have it.... GAP filled at $4.51's a a reverse(successful one)

Mind you, there is a second GAP between $4.61 and $4.67.... will it get filled ? Possibly... will it get filled now or soon ? possibly.... but, I have my restrictions on that due to the MACRO events that we should start to encounter.
Jackson Hole meetings starting tonight... could it bring a fresh wave of Central Bank printing ? yes.... could it fuel more Bubbles around asset classes ? yes.....

It's a very interesting times in economic terms.... it's an historical economic phase. Which we have never ever experimented at these levels before.

Bubbles always have a cycle... no matter how long the can is kicked down the road..... The question is.... how strong will be the POP/CRASH..... and what asset classes will capitalize on these series of wealth transfers....

DAILY CHART.... 200 Day Moving Average has been crossed.... Mr. Stochastic is telling you something is about to confirm that large black candle we've formed today....





Short term ? Volatility IMHO...... Mid-long term.... a NON BRAINER IMHO.... $4.03's are coming.....

cheers

T10