Market Rallies into Blow-off Tops
Share markets often accelerate into the market high before a dramatic fall. Gary Glover of Novus Capital compares the current market cycle to well-known pre-crash cycles of 1929 and 1987. Glover shows how the current market movements are similar lessons learnt from previous market cycles. Jump ahead: 1.00 - What is a Blow-off top? 4.30 - Current US markets S&P500 blow-off top risk 8.10 - Australian index XJO set up 9.50 - 1929 pre-crash Blow-off top 10.50 - 1987 pre-crash Blow-off top 12.00 - Dow blow-off top set up
