The dates coming in now are interesting. Friday was the 2/3 division of a secondary 360 day cycle from the March 09 low.
I guess looking at that chart will make one look bullish.
However, as economic numbers from the U.S continue to strengthen this puts impetus to buy USD. When in turn unwinds the carry trade that effectively means anything USD denominated will be under pressure.
Very risky when global markets are acting like a drug addicts seeking their next cheap dollar fix.
Like any drug addict when they cant get their fix require rehabilitation.
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Last
8,580.1 |
Change
-9.100(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,589.2 | 8,619.8 | 8,568.2 |
| XJO (ASX) Chart |