I think
1) lower USD - noticed the US dollar index back off even as Janet Yellen mentioned march hike and 3 rate hikes this year. priced in
2) SPX, DJIA, XJO higher
3) Gold higher contrary to most. One more week to go on existing cycle but it could accelerate in new cycle.
Chart of XJO
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 (20min delay)
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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 |