Thought I'd post a chart while you are all relaxing on a...

Thought I'd post a chart while you are all relaxing on a somewhat subdued Friday arvo.

I've plotted some cycle lines based on previous turning points to see if I can extrapolate potential future turning points.

As you can see we just passed the current cycle line today and there was a decent attempt at moving up (snapshot taken just before 2pm - and we're back a tick to .076 as I type).

It will be interesting to see how we close, being Friday and all and I'll be watching to see if there's a swing trade here, or whether we're up for a bit more sideways consolidation.

It's nearly beer o'clock - have a relaxing weekend!
:)