Captain_Walker

AUSSIES IN TROUBLE - THEY DON'T KNOW IT YET 😨

Short
FX:AUS200   S&P/ASX Index
Hardly anyone looks at the Australian 200. It is one of the best indices to short.

The Aussies strangely went north at open of their market last night - when the rest of the world's indices were burning down. There is usually a significant lag between the AUS200 and the other indices, which I decided to exploit.

This morning 08:30AM 2020-04-01 it's struggling to stay afloat. I suspect it will collapse and follow other indices (south).
The S&P 500 is now overvalued 26 times earnings. And now there is trouble in 'Chinatown'. [Different perspective on the virus https://youtu.be/NjTdvALChwk ]

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