The Australian dollar is still bid this morning:
Bonds too:
XJO has added back some of yesterday’s losses but its symmetrical tringle shows confusion:
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Which it should be given it is trading at 18x forward with unemployment miles above the 1990 recession:
Big Iron is firm:
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Big Gas tooL
Big Gold has life:
Big Banks are death:
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Big Chint is meh:
We’ve gone nowhere for six weeks now. It has either run out of steam or it’s consolidating for a push higher.