textbook pullback = time to top up!, page-7

Looks to me like the way has been mostly cleared for now for ABU's next up leg. POG back up closer to $1775 should give the final clearance.

The pull backs in the US market have been small and no big panic.
S&P back up to its high quicker than what it dropped (3 days vs. 5).
That is bullish but still not breaking out and still a potential triple top.
All ords only flat lined while US was correcting the last time despite all ords sitting on resistance and all ords has now broken out without waiting for the US lead.
That seems very bullish for our market. Normally a one day break out is not good enough (too many false breaks these days) but considering the flat line while US corrected, I wouldn’t wait for a clearer breakout (a clearer breakout being more time above resistance).
I wouldn’t be shorting our market.

False breaks of support are very bullish.
ABU broke below its uptrend line of support on Tuesday, but bounced straight back above it the next day with a 10% rise.
Bullish.