ASX Weekly Chart Analysis .. The local markets all continue to...

ASX Weekly Chart Analysis
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The local markets all continue to trade in a roughly generic manner, with most sector charts all doing a similar thing.
Obviously there are slightly different degrees of the 'same thing' that we can look at, which also show which sectors are acting more strongly than others - although that said, the weaker sectors appear to be trading much closer to important support levels (which are quite likely to hold). So perhaps some form of compression or a concertina effect may be seen in the broader markets next week.
I look forward to the time where the sectors move more 'on their own merits', rather than in concert with each other.
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