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World Stock Markets Trading Discussion - Unwieldy unfolding

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All Ords 5-day chart




All Ords struggled to remain afloat eventually closing -0.1% for the day.  The Gold sector continued to be hammered, -5.5% with REITS next, -1.6%.  IT was the biggest gainer, +2%.

Over in Asia, China -0.5%, Hong Kong -0.7%, Japan +0.3%, India currently -0.8%.

A touch of red in UK/Europe: FTSE and DAX -0.3%, CAC -0.4%.






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All Ords one-year chart ..  looking like a bearish wedge forming but any movement would be gratefully received after all this sideways stuff ..





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2 hours ago, DrStool said:

what they've done to this market is disheartening. 

Well it's been perfected.  For now anyway. A perfect racket. 

A steep yield curve is how banks can go back to making money the old fashioned way. Well why would they want to. So slow and boring.

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