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.
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Last
7,859.7 |
Change
-74.800(0.94%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,934.5 | 7,934.5 | 7,768.0 |
| XJO (ASX) Chart |