17 October 2018

Weekly Insights From The FNArena News Desk 15/10/18

After what seems like an eternity of more selling than buying, the Australian share market is now heavily over-sold. Market indices have given up all gains accumulated earlier throughout the running calendar year, plus some. And it all went in a heart beat or two.

If markets follow the standard blueprint, we should see a relief rally, followed by yet another move to the downside. Only then will there be stabilisation, which can develop into a platform for the next rally upwards. Or not.

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