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World Stock Markets Trading Discussion - Repetitive ripples


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All Ords 5-day chart

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http://bigcharts.mar...com/default.asp

 

A reasonably solid up day for All Ords with the index closing +0.6% for the day.  Telecomms was the leading sector, +2.7% followed by Energy +2%.  Consumer Discretionary and Healthcare were down the most, both -0.3%.

Over in Asia, China -0.2%, Hong Kong -0.7%, Japan +1.3%, India currently -1%.

UK/Europe firmly in the red: FTSE and DAX -0.6%, CAC -0.1%.

 

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http://bigcharts.mar...com/default.asp

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Conversely, if they can't break out here, and subsequently take out the morning low, it would be a cataclysmic failure of far more than just intraday significance. My guess is that that would have to come after the FOMC circus, Tamara. 

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