The local market is pushing towards the all-time high and is helped with the resources sector belting along just now.
This logarithmic chart of a local resources index shows that longer term the resources run could have some way to go when compared to the run up to 2008.
The WTI crude oil price looks to have moved above a key resistance zone for now and a higher low and trend line break would make this chart a bit more bullish. War in Iran maybe?
Surging resource prices and the prospect of an RBA rate rise next week has pushed the Australian dollar up around six percent so far this month.
Locally listed uranium mob Bannerman when pictured on a logarithmically scaled monthly chart shows how far current prices are from the previous high.
BHP has taken the top ranked spot from CBA and could be close to breaking up from these levels.
Brazil’s index has moved above an 18 year down trend line on this quarterly chart.
The All-weather investment styled Pengana Private Equity Trust’s locally listed fund has an interesting investment mix.
Will AGL Energy bounce off this support and resistance zone?
This US listed Rare Earth and Strategic Metals ETF looks to be a long way off from the all-time highs.
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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