The local market looks to be heading higher after trading up and out of a sideways pattern above the support and resistance zone.
The price of this Bitcoin ETF could be forming a bullish flag pattern.
The US S@P 500 index looks to be testing the recent break higher, will it hold?
Funds management mob Pinnacle moved higher after their latest results update.
Credit Corp’s share price also jumped up after their latest update.
Defence stocks have been moving up and Electro Optics moved sharply higher on another contract win.
JB Hi-Fi is moving up with the prospects of an interest rate cut improving consumer demand.
Pro Medicus could be forming a nice ABC type continuation pattern.
Infomedia shares soared on news of a takeover offer from hedge fund TPG Asia.
Pullbacks of five per cent or more are a common feature of the US S@P 500 index as it moves higher over time.
This shows that the US S@P 500 index is moving into a seasonally challenging time of year. Maybe time for one of those five percent pullbacks after such a strong run up.
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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