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All Ords 5-day chart




All Ords finally came down after being jammed near all-time highs for months.  There's still a lot more downside needed to free up the market but in the meantime All Ords finished the day -2.1% with Consumer Staples -3.3%, Healthcare/Telecomms -2.8% and REITS/IT -2.7%.

Over in Asia, China +0.3%, Hong Kong -0.2%, Japan -0.6%, India currently -0.4%.

Mixed start for UK/Europe: FTSE -0.7%, DAX +0.8%, CAC +0.1%.






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34 minutes ago, DrStool said:

I'm on a bus from Porto to Lisbon wondering WTF is going on in the market. What did I miss?  Gotta get on track here.  

There isn't any 'news'.  It's technical, for now. I suppose by the end of the day some reason will be supplied. All that has happened so far is wiping out a week of silliness. 

Now later. 

The news is Trump is saying more tariffs on the 15th maybe.

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