Its almost a identical setup to September 2001, the cycles staked up pretty much the same way, then a few days after the last one it started to fall heavily.
Its hard to reason with some on here that, becuase of the evident events at that time, but take a look a few days before september 11, the market was getting hit very hard.
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Last
8,655.8 |
Change
-101.400(1.16%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,757.1 | 8,757.1 | 8,648.7 |
| XJO (ASX) Chart |