Thursday's reaction on the All Ordinaries was met with
strong buying which quickly overcame selling pressure. The short
reaction indicates trend strength in the short to medium
term.
Twiggs Money Flow has recovered to complete a double bottom,
signaling accumulation.
The point and figure chart below highlights major trend movements
over the last 16 years (select a reversal amount of 5 to
highlight long-term price movements).
In the longer term, expect a re-test of support at 3450.
Internet Explorer Setup
Please test your Internet Explorer settings and configure your
Trusted Sites if necessary:
If your Trusted sites are set correctly, the icon
will display in the bottom right
corner of the following pages:
Because of our own deep-seated negative concepts about
life,
we have automatically and unconsciously imagined lack,
limitation,
difficulties and problems to be our lot in life.
To one degree or another that is what we have created for
ourselves.
