The aussie stock market is ramping up after the feds comments last friday.
Also we know that the aussie stocks pretty much follow the US market very closely. If there is a rally overnight in the US we should rally today in AUS.
We have a nice INV HS here with a clear break in down trend on the Daily chart. We could rally up here over the next few months to test the $6000 handle.
Long from here with Stop below Lows
Also we know that the aussie stocks pretty much follow the US market very closely. If there is a rally overnight in the US we should rally today in AUS.
We have a nice INV HS here with a clear break in down trend on the Daily chart. We could rally up here over the next few months to test the $6000 handle.
Long from here with Stop below Lows
Comment:
Target hit.