Keep in mind this high in AUS is the same cycle high that topped on 21/09/1987.
That crash was brief in the US after a good start to a long bull. 5 years into 18 years.
So now 9 years into a bull, we could do similar and yet power on for years !
From 1982 to 1987 SPX posted a 3.3 X increase.
From 2009 to 2018 SPX has posted a 4.4 X increase.
The 62 month decline that did happen from 1987 to 1992 in XAO would be the worst outcome here and take the correction in Nov of 2023.
Keep in mind this high in AUS is the same cycle high that topped...
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,629.0 |
Change
42.000(0.55%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,587.0 | 7,640.2 | 7,587.0 |
| XJO (ASX) Chart |