ASX pops on vaccine hopium

The Australian dollar stuck its nose above 70 cents earlier:

Bonds are crushed:

XJO has popped this morning on vaccine hysteria but its chart is pretty neutral:

Big Iron is flying:

Big Gas isn’t:

Big Gold still looks bullish with a solid uptrend:

Outside of preposterous CBA, Big Banks appear locked into a new downtrend. This will intensify if/when Sydney locks down, which is increasingly likely:

Big Chunt has dislocated from Nasdaq but it’s far too high for the developing housing crash:

When COVID-19 anti-bodies fade in two months, there’s no effective vaccine coming that I can see.