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aussiebear

World Stock Markets Trading Discussion - Valiant veering

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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 looking bullish on the 5-day chart after a +0.6% gain for the day.  Sectors were mostly up led by Healthcare +2.8%, REITS +1.3% and IT +1.1%.

Bearz on board in Asia: China -1.8%, Hong Kong -2.6%, Japan -0.3%, India currently +0.1%.

UK/Europe wavering: FTSE -0.5%, 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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5 day cycle down phase is sideways so far. As it goes up to test the high, there will either be a negative divergence and continued sell signal, or a buy signal and a blast off.  Stay tuned for 2:30 turn time.  

 

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