The Brains Trust-2019, page-427

spx 2920 was the expected high. slightly overshot last year. spx 2800 lower high. if doesnt get up and through then just churn
can we see spx back to 2200 or lower. doesnt seem so but just all churn. green recovery expected after fed last night over rest of year but who knows. churn churn and more churn

likewise gold got through that 1320 resistance and failed at 1350 hurdle. now back at 1320 and will see if becomes new support or tests lower

fed last night set scene for rest of year and market reacting. may set scene for a fair while

energy to remain stable for awhile as well here


so may just see churn and fade play out but in meantime lots of beaten down stocks on asx slowly reverting to where they were last year

green channel on copper continues green

gold test here at 1319. 

so informative week and enjoying green run on asx commods just here since pre xmas

lynas in news. reduced profit but still a profit. was $1.50 the low. can see differing channels converging. depends on commod price from here for next year. i like consolidations but holding off . target was a bit lower and suspect plenty of churn on  lynas still