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I am sure that AmEx was supposedly resilient as they had the...

  1. Ewebute
    5,947 Posts.
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    12/06/24
    06:42
    Post #: 74269460
    I am sure that AmEx was supposedly resilient as they had the upper end of the market. Someone doesn't see it.

    https://hotcopper.com.au/data/attachments/6238/6238487-1b50c74fefc7bbbc78a82d2cf6856304.jpg

    Looking at the US banks and financials, most of their intraday trading was flat or declined over the session. They didn't have a strong recovery at the end. Warning bells?

    Any future bounce in Oz might be a shorting opportunity.
    Last edited by Ewebute: 12/06/24
    XJO Value at posting: 7,755.4
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    lightbulb Created with Sketch.  Great analysis
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