It's retracing - as expected. Big boys are playing with it hoping that we will get caught in the middle. Actually they are not hoping - they are certain. This is why they are playing this game everyday. ASX is doing nothing.
NVA Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
ASX Market Open: Australian stocks rise on US market strength, as inflation data points to a Fed cut in September