10% swings in S&P/ASX200 Index

by | Friday, February 9, 2018 - 2:31pm

This was the worst week for the XJO index in 2 years – dropping 4.6% – but worth noting that Friday’s low price was only 5.9% away from the all-time high.

The 10% swings on the chart show that it has been 2 years since the last 10% correction, during which the index rose over 30%. The index would need to reach 5535 for the Percent Swing Overlay tool to turn down.

S&P/ASX 200

XJO (ASX) – 1 Week Bar Chart – AUD

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