The local market is slowly edging higher. Some analysts are pondering whether the market will keep moving up during the usual period of seasonal weakness.
The US based Dow Jones Industrial Index is again close to breaching the 45,000 level. Will it succeed this time?
This US listed junior gold miners ETF, GDXJ, looks poised for another move upwards after forming a rounding bottom type pattern.
This US listed Ethereum ETF, Etha, is making fresh highs as some financial companies continue to invest in the major cryptocurrencies.
The Commonwealth Bank shares were down around 5 percent after their latest earnings update.
Tyro Payments has broken the down trend line and looks to be posturing for a possible move higher.
Rural Funds Group is trading in a tight sideways range for now, can it break higher.
Pantoro Gold is making new highs after a pullback.
IPH looks to have formed a double bottom type pattern.
4DMedical looks about to move above the down trend line and perhaps start a new leg upwards.
Imdex is making a fresh high.
From Market Cycles comes this interesting look at where Ethereum is now compared to when Bitcoin moved above a stubborn resistance zone. Buyer beware, history does not always repeat, but it just might rhyme, time will tell.
This infographic on how emotions and internal narratives can influence our investing decisions comes from a recent Market Index daily newsletter.
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. Cheers Charlie.
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