bull run close to expiry date, page-45

Interest rates are obviously a major factor in stock market performance.

Below is a monthly close chart of Aussie 10 year bonds plus an XJO chart.

The 94 or 6% level seems to be major support and any breach will be negative.

It seems inevitable that rates will rise above 6% sometime and needs monitoring.

If it seems I am harping on the negatives continually, then you misunderstand me. All I am trying to do is monitor what can end this bull market as getting out too late is as important as missing the final up move.

The last stage of bull markets are the most profitable but not getting the top means the subsequent fall will wipe out those late profits.