Happy Monday. Thanks for tuning in. Today we’re looking at the ASX200 as a few things point to buyer control. Since last Friday, we continue to watch the new fast uptrend remain in play. Buyers are also starting to break out of a wedge pattern, but we want to see if price can get back up to and break 6715.
A move up to and break of that level could start to tell...
Fundamentals
Now is the best time to buy Australia's stock market index, as Australian companies exporting commodities to the rest of the world during the recent commodity boom, is pushing up the share prices of the biggest mining companies within the country and pushing up the index!!!
Mining companies are seeing their share prices rise due to the booming...
The Australian Stock Market Index continues to recover from the Covid-19 sell off in the early part of 2020.
Growth in China is helping Australia's index recover as Asia is Australia's Main trading hub and demand for Australian exports is increasing as Asia recovers at a faster pace than Europe and North America from the Pandemic.
We look at buying this Index...
The Australian Index continues to edge to the upside as China's economy returns to growth, increasing trade with the Asian region that is key to Australia's export market.
