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World Stock Markets Trading Discussion - Impassive input

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All Ords 5-day chart




All Ords streaked up briefly on the Reserve Bank announcement of an interest rate cut (new record low) then fell like a stone as the implications sank in.  The index closed +0.1% with sectors ranging from Gold +1.6% down to Financials -1.1%.

Over in Asia, China flat, Hong Kong +1.1%, Japan +0.1%, India currently +0.1%.

Mixed in UK/Europe: FTSE +0.5%, DAX and CAC -0.1%.










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5 day cycle projection of 2980 was hit on yesterday's open. 5 day cycle indicators on the cusp, i.e. could go either way from here. 

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