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World Stock Markets Trading Discussion - Naked noodles

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All Ords 5-day chart

big.chart?nosettings=1&symb=AU:XAO&uf=0&

http://bigcharts.mar...com/default.asp

 

All Ords finally came down after being jammed near all-time highs for months.  There's still a lot more downside needed to free up the market but in the meantime All Ords finished the day -2.1% with Consumer Staples -3.3%, Healthcare/Telecomms -2.8% and REITS/IT -2.7%.

Over in Asia, China +0.3%, Hong Kong -0.2%, Japan -0.6%, India currently -0.4%.

Mixed start for UK/Europe: FTSE -0.7%, DAX +0.8%, CAC +0.1%.

 

big.chart?nosettings=1&symb=UK:UKX&uf=0&

big.chart?nosettings=1&symb=DX:DAX&uf=0&

big.chart?nosettings=1&symb=FR:PX1&uf=0&

http://bigcharts.mar...com/default.asp

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If this is the top, it would surprise the crap out of me. Will look for confirming signs. 

Now, on to Lisbon.

Precious Metals update coming up. 

Hasta la Vista, Porto! 

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I'm on a bus from Porto to Lisbon wondering WTF is going on in the market. What did I miss?  Gotta get on track here.  

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34 minutes ago, DrStool said:

I'm on a bus from Porto to Lisbon wondering WTF is going on in the market. What did I miss?  Gotta get on track here.  

There isn't any 'news'.  It's technical, for now. I suppose by the end of the day some reason will be supplied. All that has happened so far is wiping out a week of silliness. 

Now later. 

The news is Trump is saying more tariffs on the 15th maybe.

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If it was technical there would have been some indication. I didn't see a thing to suggest a big selloff.  

Dippity do da

Dippity ay

My oh my 

What a wonderful day. 

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3 hours ago, DrStool said:

If it was technical there would have been some indication. I didn't see a thing to suggest a big selloff.  

Dippity do da

Dippity ay

My oh my 

What a wonderful day. 

There's fiber nachos and relative strength etc

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