Tag Archives: australian market

Australia 200 – Further to go

Since June last year, we’ve become used to a pattern of relatively shallow corrections in the Australia 200. It’s been just over a year since we’ve seen a red candle as big as this week’s. The last was the week of 13 May 2012. Looking at the … Continue reading

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Australia 200 outlook and the RBA decision

As I write this, the Australia 200 is weakening in advance of today’s RBA decision. I thought it might be worth posting a few thoughts on the technical outlook for the index and how this might fit with today’s rate decision plus … Continue reading

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Amcor – Trend line resistance could create an opportunity

In this low interest rate environment, investors have continued to buy good quality dividend paying stocks with relatively stable earnings outlooks. Many of these stocks have been pushed to Price: Earnings Multiples that are well above their long term average. This is understandable given low interest rates on … Continue reading

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Australia 200 – Weekly Outlook

In this post, I take a look at the relationship between the charts of the index, copper and BHP  and discuss the potential impact of some of the data releases for the rest of the week.

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Australia 200 – Outlook update and potential turning points.

In the last 2 Weekly Outlook blogs, I’ve discussed the possibility that the index is in the first downward leg of a significant correction. Today, the index has taken out the March low. This has thrown up some Fibonacci projections that might … Continue reading

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Australia 200 Weekly Outlook

Last week did little to change the technical outlook. However, short term charts are showing signs of a corrective pattern that could become an opportunity for swing traders. The RBA maintains its easing bias. Today’s statement again noted that the inflation outlook afford would afford scope to ease … Continue reading

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Australia 200 – Weekly Outlook

Last week’s price action gave us a clear break of the uptrend that had lasted over 3 months and yielded a peak to trough rally of 20%. This week, I outline some thoughts on what this trend break suggests for medium term trading strategy in light of a comparison … Continue reading

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Australia 200 – Weekly Outlook

This weekend’s news from Cyprus has opened up another front on the assault against the current uptrend. The question before traders is now whether history will see today’s trading as just another  red candle in the broad sideways movement that began on 20 Febuary … Continue reading

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Australia 200 – Weekly Outlook

As I write this blog, the index is testing trend line support, with a bearish double top formation potentially in play. Economic statistics may be the driving force this week as investors hunker down to the task of assessing the extent of the damage (if … Continue reading

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Australia 200 Weekly Outlook

In my outlook piece this week I discuss some thoughts on the technical outlook for the index and how this relates to the news calendar for the week ahead. 

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