Most Elliott wave sites that I've been reading , that have predicted this current share market rally and major wave up leg are also predicting the share markets will tank again around the middle September - October .. maybe retest the March lows or go lower.
There's a primary wave "C" down waiting to hit around September.
If that happens - (and these sites have been spot on so far), the AUD will probably be smashed again along with the markets.
ETC has contracts which could hopefully protect earnings in a major decline scenario.
ETC
entertainment media & telecoms corporation limited
