The ASX200 has continued a steady rise over the last month making May of 2016 a “hold and stay” rather than a “sell and go away”. The daily chart below of the ASX200 shows the steady advance from around 4910 in mid-April and right through May. The ASX200 has risen from below to above: the…
Thursday evening 5th May 2016, Peter Switzer had Gary on to discuss current Market conditions and whether or not to ‘Sell in May and go away’.
Whilst the chart of the ASX200 shows that a technical resistance zone has been reached there may be more good news that stalks behind the scenes and that belies the current poor economic news of a waning China that fills the airwaves. But first to the chart of the ASX200. In January and March I…
