Here's a potential idea of how the market may play out
Will be interesting to see how this ages..
Lot's happening in the current geo-politcal landscape from Covid, Russia/Ukraine, China/US, FED money printing, hyper inflation, property market values soaring to unhealthy levels, record low interest rates for the past 18 months and stock market tanking this week..
News this week is that the Reserve Bank will lift interest rates, and could be the case for multiple consecutive periods to curb inflation
Here's an idea of how I think this may play out if we break this level we find ourselves at today
Will be interesting to see how this ages..
Lot's happening in the current geo-politcal landscape from Covid, Russia/Ukraine, China/US, FED money printing, hyper inflation, property market values soaring to unhealthy levels, record low interest rates for the past 18 months and stock market tanking this week..
News this week is that the Reserve Bank will lift interest rates, and could be the case for multiple consecutive periods to curb inflation
Here's an idea of how I think this may play out if we break this level we find ourselves at today