I actually feel the ASX is forming a double bottom as it is now at a fair market price given 10 year expectations. May and June are basically over (traditionally the shittiest months of the year for the market) so the looming EOFY reporting for what has largely been a positive business year will put too much pressure on SP's.
That's my take. Feel free to ridicule me or laud me in a month's time.
ASX Today, page-7960
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