MBCC TH 26th September'23 - "The big put wall at 4400 is broken, why and what does this mean? Buybacks are last season....why that has changed now?"

Why is the market falling and why the big put wall at 4400 is broken and what this means for the market. Buybacks have been a key feature now but they are slowing as bond markets are not easy to tap into by companies as rates too high!

We talk about Oil and what is moving it here and why.

It is all macro..and technical factors are pushing it even further. Remember charts and momentum don’t tell you where the market goes, just where it can when it hits and momentum in that direction!