tuesday turnips, page-15

Here is a GMMA chart of the ASX. We've witnessed a recent correction as evident by the short term blue lines compressing, but finished up with today's bar misbehaving and sticking it's head out from the pack. At the same time the long term red lines have not moved at all, remaining fully expanded showing the long term uptrend is currently intact. The red lines were previously upside down due to the down trend, but have since rolled over as a result of the steady gains made since. So far, the charts look okay!