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aussiebear

World Stock Markets Trading Discussion - Abstract abstention

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All Ords 5-day chart

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

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

 

Another day of mostly sideways: All Ords closed +0.3% with sectors ranging between Utilities +1.3% down to Materials -1%.

Over in Asia, China -1.7%, Hong Kong -1.2%, Japan +0.1%, India currently -1.8%.

UK/Europe: FTSE +0.3%, DAX -0.2%, CAC +0.1%.

 

big.chart?nosettings=1&symb=UK:UKX&uf=0&

big.chart?nosettings=1&symb=DX:DAX&uf=0&

big.chart?nosettings=1&symb=FR:PX1&uf=0&

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

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Well on the buy side of the 5 day cycle. Let's see what they can do. 

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Resistance at 3000-3003, if cleared opens the way for a move back to 3024. 

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21 minutes ago, DrStool said:

5 day cycle up phase is sucking gas. 

All cycles are on pause until Fed words. That's the plan anyway.  You never know about a rouge tweet.

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I wish you would reach out to Treasury to ask when they are going to start calling in Notes like Trump told them to

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Lee. What's your take on the kerfluffle with the Fed in the repo market?

Well somebody needs cash

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I'm thinking the liquidity event in the overnight market was staged.  Let's have a name or it wasn't real.

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