The ASX200 continues to enjoy an extremely strong start to January, it’s set to open up +0.5% this morning, only ~1.9% below its all-time high, clear overhead resistance is approaching fast ~7600 but the uptrend is strong and a squeeze higher is a strong possibility.
- We are still looking to slowly sell into strength over the coming weeks, with a break to all-time highs a distinct possibility i.e. patience is a virtue.
MM remains cautiously bullish on the ASX200 into early 2023
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