The local market looks to be stuck in a sideways mode for now. The single day spike low could be seen as a sign of some resilience.
The price of gold could be forming a bullish flag pattern.
Junior copper miner AIC Mines has broken the down trend line and could be heading higher.
Cromwell Property looks to be forming a basing pattern.
Cooper Energy is well off recent lows after moving above the trendline.
Telix Pharmaceuticals is making fresh highs.
The steam has come out of the Arafura price since their big announcement of a government loan.
Hot stock Nvidia is in a sideways pattern for now. The big question is where to from here?
The price of Bitcoin is well off the highs around US$74,000 just a week ago. How low will it go?
This chart suggests that a turning point is close where commodities could outperform equities.
The copper price is edging up closer to the previous highs.
Some stocks have boomed since the March 2000 lows. Buy in gloom and sell in boom perhaps. This comes from a Market Index report.
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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