With spot close of US 1202.10, and AU 1386.50;
fundamental factors abound, which heretofore have been considered, and thus are in the market.
Fundamentally the ground is fertile.
However the friskiness of recent days
(upward volatility) may just be a precursor to the classic crouch and spring (exponential) sooner rather than later.
The often heralded 1180 was nowhere to be
seen. The recent ***** article regarding the
challenge of 1200 (especially re: puts expiring) does not now appear on the site.
Of course markets . . . . !
Is it now time for the artist to overtake
the technician, and invert and expand the chart?
Bob Hoyle's (heretofore ill) golden camel, realising the fertility of the ground may yet arise and extend his neck!
The Aussie miner and explorer punters,
would certainly applaud, to say the least.
It has been a long time.
Two more sleeps until Market open;
retrace, consolidation, and/or liftoff?
