Intuition,
I have a possible answer to your concern. Why we are not at 5200?
The Aussie dollar! Or the depression of US dollars which inflated its stock market.
Very interesting to observe that our banks are weak while resources are strong, another good indicate that the inflation is coming, big time.
I an no bull and no bear, still believe this market won't have another leg either up or down very soon. It needs to take time to absorb the remarkable rise.
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Last
8,603.0 |
Change
7.200(0.08%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,595.8 | 8,616.8 | 8,589.5 |
| XJO (ASX) Chart |