Weekend Charting and Chat - 24th June 2016, page-62

It looks like its "Crisis Averted" for now.

The Hang Seng is currently down almost 1% and the Nikkei up over 1%. Gold is up just $10 through the 38.2Fib retracement in the late-$1320's having blown through my mid-year target high last week. Asian financial markets are currently looking pretty stable, however, this may change over coming days.

After the Black Swan event of last week - conditions were in place for an elevated risk of a "Black Monday" style event. At least elevated to at that of Monday 24/8/2015 when we experienced some major falls. However after falling initially - the ASX200 is up and it appears to have stabilised too. There was no need to give it oxygen. Happy days..