XJO 0.73% 8,017.6 s&p/asx 200

XJO - Bear Posts only (Factors which might cause the markets to fall), page-4124

  1. 2,718 Posts.
    lightbulb Created with Sketch. 375
    US didnt really make up much ground last night and futures are still pretty flat. If the markets were sold off too hard this week, should expect to see a big bounce tonight or next week, which would be a big call due to headwinds for most of sept in the form of rate rises. Markets havent capitulated and havent seen any real volume. Like a slow moving train wreck, it takes time to unfold. Maybe US jobs numbers helps with support but unlikely to be anything more than fleeting.
    Im short still and waiting for the reaction to RBA next week.
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.