AKE Oz Trend: 1312 - 1361 Us Lead: 1329 - 1386 - Probable open: 1356
PLS Oz Trend: 328 - 343 Us Lead: 337 - 351 - Probable open: 344
All US stocks in the tracked basket were green except for LAC, but none broke their declining channels, so down-trend remains in tact, at this point. There was an average 1.4% movement from the lowest point to the close. Based on my modelling for NMT It looks like the A wave trend may reverse on 31 Aug, and enter the B wave - obviously assuming all assumptions about where we are in the cycle and the pattern that will apply are correct.
AKE Price at posting:
$13.79 Sentiment: Buy Disclosure: Held