ASX nag whipped into stumbling trot

David Llewellyn-Smith

Wednesday 29 November 2017

The ASX200 is up a half percent and still has a very bullish ascending triangle chart:

Dalian is firm:

Big Iron is up:

There’s no end in sight for the bull market in dead pensioners:

Big Gold is a little soft:

By resisting the fake royal commission, The Greens have boosted Big Sleazy :

And Big Dungeater is mixed:

Lagging horribly, the half-dead nag has been spurred into a stumbling trot.

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.