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Indices: Australian ASX 200

ASX 200

by Shawn Hickman

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MM looking for the ASX200 to reach the 6850-6900 area in the coming weeks i.e. now only 1.5% higher

by Shawn Hickman

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ASX 200

by Shawn Hickman

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ASX 200

by Shawn Hickman

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First Up

by Shawn Hickman

The ASX200 enjoyed a noticeably strong match-out yesterday in what had been a fairly lacklustre session, the market finally closed up +0.5% showing a current lack of appetite to go home short, it’s feeling like a classic “bear squeeze” i.e. just what MM has been looking for since mid-June. To back up our opinion the recent stock/sector rotation back into the underperformers of 2022 reaffirms…

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ASX 200

by Shawn Hickman

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MM is now neutral with our upside target only ~1.5% away

by Shawn Hickman

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ASX 200

by Shawn Hickman

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ASX 200

by Shawn Hickman

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ASX 200

by Shawn Hickman

To reiterate/clarify the roadmap MM believes stocks will follow in this fascinating market which overall we do believe is “looking for a low”:

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