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World Stock Markets Trading Discussion - Tortuous toggling

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All Ords 5-day chart




All Ords spent another day self destructing eventually closing -1.7%.  We seem to be faring worse than most global markets but then sometimes we can be a harbinger of doom as overseas investors take their money and run ..  Worst hit sectors were Energy -2.6%, Miners -2.4%, Healthcare -2.3% and Consumer Staples -2.2%.

Over in Asia, China -0.9%, Hong Kong -0.8%, Japan +0.2%, India currently +0.1%.

Not a good look in UK/Europe: FTSE -0.7%, DAX -0.7%, CAC -0.9%.










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34 minutes ago, DrStool said:

Yeah, it is.  😉

Well sure.  Today would be nice but I'm willing to give the bulls the benefit of the doubt for a few days anyway.  

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$230 billion since Oct 15. Amazing the market is only down a little.  Wile E. Coyote moment. 

2 day cycle projection 2692. 

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