NZSX50 Index

[thebusinessman]

I looked at both 10 years and 20 years. Corrections or pull backs which had in 2020 and 2022 were minor ones.

Interesting, every so often I look at the capital index trendline and we seem to be tracking more than a standard deviation under at the moment. Thoughts on how what you look at may differ?

[winner69]

nZX50 be below 11,000 next week

[Valuegrowth]

Few stocks can do it. Anyway we didn't see meaninful pull back or bear market yet after the longest bull market.

nZX50 be below 11,000 next week

[bull....]

things are not looking good looks like the cap index wants to test the triple bottom. i think its only a matter of time before the arse litterally falls out of this market bit like a direa big gush to the downside probably just before xmas ?

just about testing the triple bottom 1% odd fall from here would do it .... then will it plunge or bounce ?

[SailorRob]

just about testing the triple bottom 1% odd fall from here would do it .... then will it plunge or bounce ?

Sextuple bottom with full bollinger capitulation is the best signal, from there can go up or down. Adding the idiosyncratic volume will give more accuracy.

[Valuegrowth]

End of the longest bull market is fast approaching, though still it has legs.

[bull....]

its breaking down below the triple bottom covid lows here we come

[WayOverTheHill]

Yes if it doesnt pull up soon we will be in bargain territory.



NZX50.jpg

[SailorRob]

Yes if it doesnt pull up soon we will be in bargain territory.



NZX50.jpg

Wrong chart, look at the NZ50C.

Pretty sure the one you posted will mirror the 50G which is a compound index so doesn't tell you the real picture.

[WayOverTheHill]

And Here is the Capital Index for comparison

Capital Index.jpg