broader yes....which index leads the other is upto debate though....bit like the ASX20 being indicative of the ASX200
Citigroup is obviously in trouble if Govt won't help...but their collapse might be seen as a positive by the market...
anyway, Tues should confirm the trend in reporting or not..
I can only see upwards if market keeps reporting like this next week...some pretty positive technicals too now
will post chart tomorrow...but weekly MACD looks like a kiss up through 0 for one
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broader yes....which index leads the other is upto debate...
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