2 years ago

Weekly Report: 12th MAY 2015:

27th / April / 2015 Again testing the upper resistance level of the Index at 5980. This week there is support for the financials and the resources and this should provide enough interest to push the Index over 6000. 5870 is now very clear closing price support. 4th  / May /2015 What a difference a […]

2 years ago

Weekly Report: 4th MAY 2015:

  30/ March /2105 The Index has pushed to  a new closing high from the call on the 17th. With the opening of the 30th retesting the “mid level” Last week closing down (16) suggests a top in place with Weekly support at 5870. Followed by 5720. 7 /April / 2015 With the RBA decision to […]

2 years ago

Weekly Report: 27th April 2015:

Rate cuts and anticipated rate cuts are bit like QE, very stimulating for Equities, until an interest rate hike comes over the horizon. A strong Jobs report leading to the likelihood of an Interest rate rise in the US. 9th / March /2015. The weekly chart of the XJO. Well finally! we have the reversal candle in […]

2 years ago

Weekly Report: 13th April 2015:

Rate cuts and anticipated rate cuts are bit like QE, very stimulating for Equities, until an interest rate hike comes over the horizon. A strong Jobs report leading to the likelihood of an Interest rate rise in the US. 9th / March /2015. The weekly chart of the XJO. Well finally! we have the reversal candle in […]

2 years ago

Weekly Report: 7th April 2015:

Rate cuts and anticipated rate cuts are bit like QE, very stimulating for Equities, until an interest rate hike comes over the horizon. A strong Jobs report leading to the likelihood of an Interest rate rise in the US. 9th / March /2015. The weekly chart of the XJO. Well finally! we have the reversal candle in […]