Chỉ số S&P/ASX 200Giá xuống
I am a bear
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The markets arent looking healthy, too much cash rate pressure on risk on markets. I can't see the next 12-18 months being fruitful. In saying this I think that there will be some great buy opportunities as long as I have enough capital to take some positions. The ASX looks set to come down to 6400-6200 points. That monthly candle dipping in there would give me some confidence in averaging back into the markets.
The green trendline when touched has seen a bearish market take hold for that 12-18 month period. So there may be opportunities for me to short this market to build capital and buy at the bottom. DYOR NFA
The green trendline when touched has seen a bearish market take hold for that 12-18 month period. So there may be opportunities for me to short this market to build capital and buy at the bottom. DYOR NFA
Ghi chú
first target reached, very confident in a further retraction to 6200. If this support is broken we could see 5600 then 5100 points.
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