CU6 - ASX Charts, page-2353

The week ahead? Nasdaq officially re-entered bull territory last week off April lows with supported of strong volumes. US consumer sentiment index at second-lowest level on record on a survey completed before the 90-day pause on US China tariffs. Trump executive order demanding pharma industry price cuts with a 30 days time line to lower drug prices puts BP R&D and future guidance under threat. Friday night gold rallied however in the final minutes trading last week in response to (continued) rising concern over US government credit ratings and debt and interest payment ratios but momentum still south. But who would really know. Will the market await another weekly lead from the USA in after AU trading hours Monday. On all things volume, from a analytical point of view, it could though be argued though for CU6 that when the 5 day SMA in daily move in Short Aggregate volumes breaks from below to above the 5 day SMA in daily Short Gross volumes (without a price relevant announcement) after a noted divergence that the next near term move is statistically more likely to be south than north. 5 SMA daily short Gross and Aggregates chart below. Stay safe. Volatility aplenty for everyone !