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ASX200 Moves to Four Month High Above 5800 – Market Update

ASX200 As my youngest daughter would say, “wait, what?”.  The ASX200 finally makes a move beyond the prevailing range to move to its highest level since mid-June.  It is nothing significant at this stage but good to see it have a solid run this last week to move to that high. The all time highs …

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S&P/ASX 200 Sentiment Bearish as Index Tries to Stay Above 5650

For the week beginning 9 October 2017, my very own Stuart McPhee Market Sentiment Indicator for the S&P/ASX 200 Index (XJO) remains well below 50 again as the ASX200 index struggles to stay above the current support level at 5650.  See below for notes on the indicator. Click on the image below for a larger, …

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ASX200’s Support at 5650 Holding – Market Update

ASX200 Nothing to report here …. The ASX200 index continues to do very little as it moves between 5650 and the key 5800 level, although it has been closer to the former level more of late. The all time highs this week: ALTIUM LIMITED ORDINARY APPEN LIMITED ORDINARY BLUE SKY LIMITED ORDINARY BREVILLE GROUP LTD …

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