"perhaps preparing for an end of year rally that finishes above...

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    "perhaps preparing for an end of year rally that finishes above 6000 may be an anchor for looking for an entry with a tight stop and ridding any wave up?"

    Trouble is that we don't know what commodity prices will do and the banks are seen as vulnerable due to political instability. ASX200 needs commodities and banks to rise simultaneously because those two sectors have such a high weighting in the index.
 
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