Technical Scans Tuesday

SUMMARY Finally – sell signals on the Dow Jones, NASDAQ, S&P 500, GGUS, ACDC, DRIV, IHVV, LNAS. BBUS (Bearish S&P 500 geared) with a buy signal. I can see from the Facebook Discussion page some of you have been buying SNAS – you naughty Bears. Gold and Small Ords below their lower Bollinger Bans (sharp drops). US…

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MARCUS TAKE – FRIDAY

SUMMARY Whiplash – some things you can’t explain. Global hawkishness infects the psyche. Post-It Notes for the rest of the year – send me yours. Some of the STOCK TAKE data explained. Telstra STOCK TAKE coming today. BULLETS Global hawkishness dominates the mood – The Bank of England rate rise last night (a surprisingly sharp…

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MARCUS TAKE

Shane Oliver – Respect. We Just Gotta Have Faith – Explaining the rally. RBA has more in store. Resources rise as the US dollar drops. Some retailers bottom.

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