Markets were fine until Australians sold their children to hide their money under their beds in march
Xjo got slaughtered
AUD got slaughtered
Still haven't recovered yet but it'll grind its way back eventually like it always does
Dxy, vix, bond yields are all favouring the bulls, even if Australia is terrible
We're just holding atm
Looks like we've topped for now
Holding within those green lines
But heading towards the top purple line
FOMO kicks in above the first purple line & we go to the 2nd
We won't have enough to go for the 3rd before June
Maybe the July/August if interest rates have paused & ready to drop by years end
We can still dump again tonight to fix the holes below & maintain an uptrend
If the dump is large enough, panic returns
I've also marked 4th of April for the bottom of this channel
Then continue on our merry way if the dump isn't too bad
We had out chance to go for those 6800 lows & couldn't take it
We can try again in June but we'll need something drastic tonight to be able to get back down there again
Otherwise the daily trend will stick & away she goes
I drew this chart last night but never posted it
Hopefully you don't get vertigo but I won't be posting this chart again for a while
Haha
Don't forget we did the same thing in January, we can do the same thing again
If we zoom out, we've gone nowhere in 2 years
We can go nowhere for another year & repeat the similar ranges
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