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

thursday im scared, page-129

  1. 6,757 Posts.
    Chart of US financials index DJUSFN - inverted. Its gone parabolic when viewed like this and looks unsustainable. But in this case some financial stocks have already gone off the bottom of the chart - to zero effectively. Any thoughts on whether this needs to correct in a typical blow-off top, or is the comparison not valid?


 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.