Tag Archives: SPI

Wedge or Triangle? You decide – Aussie 200 Set for Hourly Breakout

As I said in the title, you could probably argue that this pattern is a wedge or a descending triangle. Happily though there is nothing to worry about because the profit target on the back of a breakout will be … Continue reading

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Australia 200 – Trust the Numbers

I’ve lost count of the number of times I’ve said “the investment metrics for the Australian share market are compelling” over the last months. Despite the recent rises in share prices, I believe this remains the case. But rather than … Continue reading

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Trade Ranging Australia 200

Australian shares remain trapped between strong company fundamentals and global risks.¬† Over the last two months, this dynamic has kept the Australia 200 index in a 200 point range. While the picture may change in August with company reporting, in … Continue reading

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Aussie 200 Caution

After yesterday’s 3.64% rise in the Australia 200 Index, the question arose -“how many times in the last ten years have we seen one day gains of this size?” The results of this analysis are quite surprising.

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Aussie 200 – Set for a Fall

After a 10% increase in 15 trading days, the Australian share market looks¬†set for a fall. Today is only the second down day in that period. I think the old market saw “nothing goes anywhere in a straight line” applies … Continue reading

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