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Equity Indices

Equities have experienced a little weakness recently but when we put things into perspective the pullbacks are barely a ripple on the pond i.e. the ASX200 has dipped -3.8% and US S&P500 just -1.9%. As is so often the case the press like to latch onto anything negative regularly blowing things out of proportion however in this case when we take everything into account further downside over the coming 1-2 weeks does feel a strong possibility, but this will be weakness to buy not sell.

MM remains bullish equities and a buyer of weakness
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ASX200 Index
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