The local index is up strongly today and heading toward recent highs.
The price of gold has formed a positive divergence with the MACD histogram which could lead to higher prices.
Fleet Partners Group is doing well in the leased EV market.
IDP Education has again bounced off support.
Dug Technology looks to have broken out of a bullish flag type pattern.
Ramsay Health Care could be making a spike type low.
Ramelius Resources looks to be making a bullish flag type pattern.
Mineral Resources looks to have found some support at this level.
West African Resources could be making an interesting bottoming type pattern.
An interesting look at the cyclical price of commodities versus the US stock market over the past 50 years.
Disclaimer: The commentary on different charts is for general information purposes only and is not an invitation to trade. Trading is risky and individuals should seek Professional counsel before making any financial decisions. Many thanks to Incredible Charts.com software for most of the charts used in the column.
Monitor, measure, manage and maximise… Cheers Charlie.
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