Well, the US held up all night, which I didn't expect.
Cost me 20 pts on SPI, but the gold rise helped out.
Pension fund inflows obviously a big part of that.
That's why you see so many tops a few days into a new quarter.
Lower tops are commonly seen around the same date the month after the top, so certainly July 4th +/- a day would not be unusual.
With a possible top by my Armstrong idea as July 1st +/- a trading day allowing today as last chance then today has a double chance for a top.
All the same it will be market action that confirms and since August +/- a month is the normal cyclical high time, the market can rally or fall or just chop around for a while yet.
- Forums
- ASX - By Stock
- XJO
- tuesday 3 july
tuesday 3 july, page-2
-
- There are more pages in this discussion • 92 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,188.7 |
Change
11.800(0.14%) |
Mkt cap ! n/a |
Open | High | Low |
8,176.9 | 8,226.7 | 8,174.4 |
Featured News
XJO (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online