ASX Weekly Chart Analysis
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The wider Aussie market has been generally moving all together in lockstep recently.
(which makes my commentary a bit boring right now, as I say almost the same thing for every sector)
Last week most markets closed lower on reduced volume, which suggested that selling pressure was broadly low.
This week in response most sectors floated higher, as low supply continued to be enjoyed across the markets.
Many sectors closed at (or just above) the highs of their current ranges this week, leaving them well placed to breakout when trading conditions are favourable.
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