XAO rising wedge ?, page-4

IMO -It appears we've fallen off the rising wedge!

What next?

IMO -Upside possibilities might be:

Aud$ continues slide - but expect developing LNG exports may limit this?
Expect high net wealth players have cashed up in recent months, at some point they will be bargain hunting
Good franked dividends & looking better by the day, little comparable returns on offer elsewhere
Recent pullback has shaken many who have withdrawn in fright, market becoming more favourable
International instability will be accepted as the norm & market will get on with life
As property heats up, stocks may be the recipient as profits in property are taken


IYO - what are the downside possibilities?