imo, the Aussie market completed its correction on 9 August....but the US market may have further to fall. The xjo did a 61.8% retrace of the 2009 low to recent high. All other indicators I use seems to confirm that the correction is complete. we may need a period of consolidation to allow the US market to catch up.
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imo, the Aussie market completed its correction on 9...
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Last
7,889.6 |
Change
72.800(0.93%) |
Mkt cap ! n/a |
Open | High | Low |
7,816.8 | 7,902.6 | 7,816.8 |
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