XJO Weekly Charting - 4th May 2018, page-3

Chart pack makes very good bedtime reading, safer and more effective than Benzodiazepines. Nevertheless, it appears that slow wage growth, modest GDP increases and falling house prices will mean interest cash rate will stay as is for quite a while. That means liquidity is good encouraging investment in the ASX. Could see a multi year high within 2018. But financials ongoing unpopularity will likely mean that the 2007 all time high is still a peak too high to climb at least until the fallout from the RC is fully digested and then forgotten.