The close on All Ordinaries and ASX200 on Friday last week, 11th December, took both of the ASX’s main benchmark indices to the bottom half of a significant support zone. On the All Ords between 5030 and 5175, and on the ASX200 between 4950 and 5050. The two and a half year daily chart of…

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The S&P500 is currently enjoying a short and medium term up trend and is shaping up to make another attempt at achieving a new all-time high. This current medium-term uptrend was first confirmed on 19th October after the S&P500 rose above the top downward slanting black trend line and then formed a short-term trough above…

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