Sharp rallies are common in bear markets.
As a basic rule the minimum seems a day and a bit.
In other words the US markets should at least move higher in early going tonight and then the fun begins.
I have no idea if we have seen an important low or not.
Certainly a few criteria were met but I would have loved to see a monthly close lower than where we are.
If we don't then I think the longer term outlook actually becomes more bearish.
- Forums
- ASX - By Stock
- XJO
- wiggles wednesday
wiggles wednesday, page-16
-
- There are more pages in this discussion • 88 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
|
|||||
Last
8,023.9 |
Change
-3.100(0.04%) |
Mkt cap ! n/a |
Open | High | Low |
8,027.0 | 8,027.0 | 7,990.3 |
XJO (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online