Jimmydpc

AUS200 - Major selloff expected

PEPPERSTONE:AUS200   Australia 200 Index
G'day Traders and Investors,

Note: Before reading this, I would like to declare that this is not a financial advice, I am not financial advisor. Any mentioned information is for education and entertainment purposes only and based on my trading and investing strategy. . I may or may not act according to this analysis.

AUS200 extended gain continuedly from the last few weeks during August reporting Season since Investors are so hyped with company's profit and dividend. However, expecting major selloff once profit has been declared and dividend received. In addition, with the fall of US market SPX500, NASDAQ100, DOW30.

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Cheers!

Jimmy
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