XJO 1.14% 7,694.5 s&p/asx 200

T91, looking after them there marbles.Accumulation should come...

  1. 1,929 Posts.
    T91, looking after them there marbles.

    Accumulation should come this week just looking at currency and various charts. In the past Wednesday's have been a good buying opportunity.

    XMJ still looks a little more damage to be done but XFJ is almost ripe.
    The market isn't expecting much from this weeks data so consensus results will prolly mirror expectations.

    In short large volumes needed for gains.
    Currency cycle of 40 days still seems in play ATM and showing early signs of a bottom in both USD and JPY AUD pairings.

    Was hoping for another week off, ah; losing my marbles.

    P. Calvo, my info says market is expecting retail sales +0.3% MOM.
    Trade balance 2.05B
    Unemployment 5.1%
    Home loans 1.0% increase MOM.
    Toe dipp'in week me thinks.
    Just my take.
 
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