A good bounce for now
October 8, 2020 Leave a comment
In the linked post below, I signalled that my various equity index targets were reached.
For the ASX 200, I was calling a retracement to 5,803. On that day (September 22, 2020) it traded to 5,763.
12 days onwards, the ASX 200 has risen 5% and it’s now trading at nearly 3 standard deviations above its daily mean.
It’s not a time to add to holdings today.
Be patient !
October 8, 2020
by Rob Zdravevski
rob@karriasset.com.au
rob zdravevski's blog 