AUD is off during the morning:
Bonds are bid:
The XJO double-top is still in play:
Dalian is holding modest overnight gains:
Advertisement
Big Iron is down with the recent short of FMG at $5 looking good:
Big Gas is down too:
Advertisement
And Big Gold:
But that snapping sound you can hear is CBA breaking as Big Scum keeps falling:
Advertisement
The sound of 10 million specufestors screaming accompanies a new two year low for CBA within a very bearish looking descending triangle chart:
It jumped back over the support line afterwards but I reckon a decisive break is inevitable…(more on that here)…
Advertisement
Finally, Big Puswad still hasn’t worked it out:
Can’t talk down the market but it’s falling anyway.