As a fashioned statement on AJM today from someone somewhat behind the technical ‘a la mode’, I feel the ‘Price Chanel’, which I asked CommSec to use here, is maybe not such a good indicator, but the soft, somewhat fluoro mauve of the Chanel provides interesting textural contrast to the definitive red bars of the chart.
Overall, the picture indicates a seasonal shift showing prices have risen, supported by buying pressure on 21, 22 and 23 of June .
Cheers
