Major indices correction

wisefoolx

Well-known member
258 9
I may be wrong but I feel there's a major correction of all major indices starting this week. Why? my own personal maths based charts are signalling so
 

EnlightenedJoe

Experienced member
1,950 95
The OP is completely green. Even a cat can make better predictions.
 

Oscar Reed

Senior member
2,029 579
" I hope I am wrong but my market indicators are signalling a market top occurring between now and mid October . Any major downturn could be quite severe. "
Look forward to it

Would be a great a great buying opportunity for some shares I like.
 

Oscar Reed

Senior member
2,029 579
Which one do you like ?
Couple of Aussie banks ANZ and CBA

Health care stocks Ramsey Health and Healthscope.

Few miners and energy but the price needs to be right.

Also would buy an SP500 ETF on a pullback

6 to 10% pullback would be good, but seem to be dreaming at the moment.

But you never know.
 

Quantt

Established member
944 57
I may be wrong but I feel there's a major correction of all major indices starting this week. Why? my own personal maths based charts are signalling so
I have the same feeling based on not too many trades triggered this month... indeed looks toppy in the last two seeks, but who knows, today we have a new high on SPY