Monday, 30 June 2014

ASX 200 testing support at the neckline of a bearish Head and Shoulders top

Daily chart shows the ASX 200 testing support at the neckline of a bearish Head and Shoulders top. The June low is key.


Weekly chart shows that the up trend from the 2012 low is complete. What's next, a down trend, or a sideways move, or a new up trend? Watch the June low.


Charts include after hours trade.

AUD/USD headed for test of key short term up trend line?

The AUD/USD looks to be headed for a test of the illustrated up trend line. If (if) that support holds, it looks to be forming a bullish triangle.


Canberra and Queanbeyan residential housing rental listings jump 45% in the 3 months to 30 June 2014

The number of Canberra and Queanbeyan residential housing rental listings has jumped 45% in 3 months to 30 June 2014. Read that out loud to yourself, slowly. 45% in 3 months! How long before some of those For Rents creep across to the For Sale listings?