XJO 0.67% 8,150.0 s&p/asx 200

Weekend Charting and Chat - 24th June 2016, page-50

  1. 601 Posts.
    lightbulb Created with Sketch. 28
    Sooo noone's mentioned the possibility of a B-bomb Monday? If the ASX200 had another large fall and Honkers falls >10% along with other Asian markets - you'd have think it could be on tomorrow night. The last time I though about the possibility of a B-bomb Monday was 44wks ago this weekend which ended up with equities markets falling through significant support levels.
    If I had to assign probabilities for SPX tomorrow Id say: 20% B-bomb Monday; 30% large fall; 30% small fall; 10% neg/small rise; 10% large rise (snicker!). Nevertheless, it will be an interesting week for markets.

    Lets see what happens in Hong Kong first.
    Last edited by Jagster Trading: 26/06/16
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.