The Australian dollar is weak today and still forming a bearish descending triangle pattern:
Bonds are also picking up on more risk:
But not stocks yet:
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Big Iron is soft:
Big Gas better:
Big Gold still consolidating:
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Big Banks have a very strange pattern matching the whack rotation:
Big Chunt is its usual unworthy self:
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It’s not the tearaway market of a few weeks ago anymore. Risk is building. But stocks and forex are still joined at the hip:
Remember those glory days when an economy meant something to its currency?
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