Heres a sobering chart. We are at the same point as Sept'09, and yet we survived the GFC and our economy is doing great..lol. Perhaps we should have been in a recession and now our market would be near the highs like the UK and the US and as investors we would be laughing ?
It appears as though Sept 09 is a pivot point where all the ranges since then have been either above or below.
We are now at the same point so a wild guess would suggest if we break above this point, we should have a decent rally ?
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