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World Stock Markets Trading Discussion - Erroneous expectations

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All Ords 5-day chart




All Ords looking like it's about to do a big move one way or t'other.  The index closed +0.3% with sectors ranging from Healthcare/Energy/REITS, all +0.7% down to Telecomms -0.1%.

Over in Asia, China -1%, Hong Kong -0.8%, India doing another leap, +3.1%.

Down and out in UK/Europe: FTSE -0.6%, DAX -1.5%, CAC -0.9%.






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So far, only a 2 and 3 day cycle up phase. Need to clear 3000 to signal a 5 day cycle up phase. 

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