The move in the previous US session has turned out to be weak being the 50% reversal. Strong start across each index but no continued support. Still an hour to turn it slightly green and have the MM report a solid finish lol. But maybe the dumping will continue and get stronger...
I noticed in my basket of US stocks nothing to suggest a turn higher at present. Bulls not winning again but getting suckered in again at the start - Insto war continuing. NDX showing intraday volume spikes that are likely to disappear after close. Getting closer to making a new recent low again.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-16616
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Last
8,430.7 |
Change
130.500(1.57%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,300.2 | 8,446.4 | 8,300.2 |
| XJO (ASX) Chart |