GK all good. "IT" will come. But yes "trade what you see". Mower's Short Cuts. WRT "IT" a general comment is that Most below are at/near record or post GFC high. They have had several attempts to go higher but have fallen from the res. They will either break out or fall, with the weight of failed attempts. Not showing signs yet.
ASX @ 5488 (-15) Much like last week, the very strong res in 5500 to 5550 was not broken. Still ranging, in the upper middle now.
FTSE @ 6846 (+36) Still up near record high. Closed on EMA10. Technically still in up trend but res approx. 6880 is strong.
DAX @ 9942 (+172) Strong first 2 days then flat. Up near record as well. Looks ready for a little breather. Been > EMA10 for 2 weeks.
DOW @ 16706 (+100) Interesting week. Good green on first and last days and flat in between. Up trend still in place. Also near record high. Can it break? It may!
China50 @ 6750 (-50) Usual up and down. Did hit res at 6800 then fell. Been ranging in the 6700 - 6800 level for few days. >EMA10! I "think" it is going to go up. Remember res at 6800.
Good night at the GABBA, great Lions comeback. Freo looking good.
