...since Oct 23 lows, DJIA has moved +25% higher in 9 months, you only need to look back to see how far it has gone.
...and DJIA does not have as much tech weightage influence. It looks overstretched. But yet another 5-10% upside is not outside of realm of possibility
1 year view
Dow Jones Industrial Average — TradingView
...but our ASX Small Ordinaries gained +16.8% and XJO by +16.90%, both less.
1 year view
XSO Index Charts and Quotes — TradingView
XJO Index Charts and Quotes — TradingView
but
the best ASX lithium stock, PLS declined -20% since that Oct 23 low
oil darling stock WDS declined -21.7%
uranium darling stock BOE declined -21.97%
iron ore and copper behemoth BHP declined -8%
iron ore FMG declined -16.74%
rare earths LYC declined -13.57%
silver stock SVL declined -14.7%
coal darling stock WHC up just 5%
gold developer DEG up just 0.6% (despite Gold rally), EVN 7.75%
...Resource stocks have been left out. We have many stale bulls holding on, still waiting for that recovery.
...When the sun shined, they still don't make hay, when the sun sets, you can't expect them to shine.
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Its Over, page-23088
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