similar thoughts, I see the AUD looking to strengthen against the DXY, and as a result some money rotation into AUD stocks that will do well in this late part of macro market cycle, 2007 GFC is a good comparison for sectors or stocks to look at imo, as the AUD rose above parity during that period. I’m still open to a touch lower to back test the cross up point of the 100ema over the 200ema, As some one that is also holding for the long term I just look for the bigger retraces to add, again similar to your views drone warfare is only going to proliferate, and as has been announced by many western countries, an expansion of military spending is going on in preparation for major conflicts to expand unfortunately. Just as markets work in cycles so to do major wars.
DRO Price at posting:
91.0¢ Sentiment: Buy Disclosure: Held
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