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All Ords 5-day chart

big.chart?nosettings=1&symb=AU:XAO&uf=0&

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

 

All Ords chart broke on the first post but the 5 day chart shows an over extended run for today.  The index finished +0.7% led by Consumer Discretionary +1.5% and Energy +1.3%.

Over in Asia, China +1.4%, Hong Kong +2%, Japan +1% and India is currently +1.1%.

UK/Europe charged out of the starting gate but is now doing a rethink: FTSE and DAX +0.5%, CAC +0.8%.

 

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big.chart?nosettings=1&symb=DX%3ADAX&uf=

 

 

big.chart?nosettings=1&symb=FR%3APX1&uf=

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

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  31 minutes ago, Jorma said:

Perfect. If it stops there. Melt up as things fall apart, Brexit/EU crack up/failed governance of the US, has to be considered a possibility.

Bullish!  LOL

 

There is still going to be that tricky period between economic slowdown and Central Bank printing. Who knows, maybe preemptive printing can save the day.  Japan is on deck. ECB haven't heard a thing. Old fuddy duddy Powell, no way. Or is there?

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When bad news is bullish it means that there is enough liqui. 

Where does it come from? Who knows. Arbabs, China... There are many sources of liqui which Doc can‘t cover in his outstanding CB anslysis.

2640/50 must hold, or bears will be in absolutely deep shit.

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