Just to add the subject of AUD/USD did rear it's ugly head during Maxi's meeting.
XJO 5000+ scenario would likely come about when Chinese Bond holders pressure interest rates causing our dollar to make our company shares affordable on a global standpoint.
That scenario would of course need a market cleansing to complete the cycle.
Maybe, but for now XJO structure is flawed especially in the XMJ sector telling me commodity prices and or demand has problems.
P.
trading inside wednesday, page-7
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Last
7,959.3 |
Change
69.700(0.88%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,889.6 | 7,969.1 | 7,889.0 |
| XJO (ASX) Chart |