I will go out on a farking limb here and say today was a blow off top.
BHP topped over $30, clap clap. The bulls got their goal. So now they can take profit in peace.
Oil pushing $70....the market can't deny this forever.
Gold at $600.....the market is waking up that something is WRONG!
Bond yields soon at 5%.
Metals making bearish reversals. They can't go up 4% every day!
More and more main stream papers are waking up that it's just gone too fast. Brokers are getting very cautios. Soon hedge funds will start shorting this market with their billions of dollars.
today was the top!
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Last
8,188.1 |
Change
11.200(0.14%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,176.9 | 8,226.7 | 8,174.4 |
| XJO (ASX) Chart |