RED 1.10% 45.0¢ red 5 limited

Ann: Change in substantial holding, page-17

  1. 2,293 Posts.
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    Wow - the power of the FED - announces at 2pm and capow, the US$ falls and the POG goes up 2.5% (US$50/oz) by close of the market, creating a whooper of a green candle and in the aftermarket is continuing to track higher - so, looks like 1975 confirmed as very firm support, while next resistance is 2075. Technically this is a bullish setup.
    The A$POG chart seems to have confirmed 3000 as support with next resistance around 3100 ....
    It appears "inflation coming under control" (for whom?) and the "economy somewhat weaker" ( no shite sherlock ).
    So, resume Panglossian Position and continue wearing 'rose' (RED) coloured glasses ??
    There remains a disturbing number of "black swans" circling the world economy, so buckle up, take profits when you see them, and merry Xmas.
    https://hotcopper.com.au/data/attachments/5817/5817968-05c37556e883189650508bcf9760eea1.jpg
 
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