The Australian dollar is down this morning and is forming a possible bearish descending triangle:
It is also encouraging to see that shorts have almost all puked, opening the path to lower prices:
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Bonds are bid:
As XJO pukes lower:
Big Iron is soft:
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Big Gas even more so:
Big Gold is strong:
Big Banks have a whack head and shoulders pattern that could reverse the recent rally :
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Big Chunt is hopelessly deluded as usual: