The Aussie dollar took a bit of pain following the sagging Caixin China PMI:
Bonds are bid:
XJO is not:
The iron ore rally has reached hysterical proportions. There will be no shortage of it this year as Rio Minas returns, Vale manages its spare capacity, the Pilbara pumps a bit more and China slows:
It’s a good time to take profits on these:
Big Gas is down:
Big Gold is mixed:
Big Banks still in the Hayne pain:
Big Realty looks a bit more perky perhaps sniffing an RBA capitulation:
She’s all over the place.
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Hayne is out. Let the rumour mills go into overdrive.
The poo is on a string and she ain’t doing “walking the dog”
I believe it’s a “side-mount correction”.
https://yoyotricks.com/yoyo-tricks/side-mount-corrections/211/?tag=First-50