ASX topping out, creating multiple bear divergences within a large, multi year bear flag.
Orange line = height of ASX pre gfc.
Red line = pre recession support
Blue lines = first lot of targets.
Along with the housing bubble, potential future issues with loan repayments (i.e. those who took out interest only loans), along with the flat cash rate and wages not meeting inflation and gosh so many other things, Australia's recession may occur in 2019 with major repercussions in 2020.
I am not a financial advisor or some analyst of any kind. Just a guy who's interested in macro-economics. Whether I am right or wrong, it would be very interesting watching the next 2-3 years unfold.
Orange line = height of ASX pre gfc.
Red line = pre recession support
Blue lines = first lot of targets.
Along with the housing bubble, potential future issues with loan repayments (i.e. those who took out interest only loans), along with the flat cash rate and wages not meeting inflation and gosh so many other things, Australia's recession may occur in 2019 with major repercussions in 2020.
I am not a financial advisor or some analyst of any kind. Just a guy who's interested in macro-economics. Whether I am right or wrong, it would be very interesting watching the next 2-3 years unfold.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.