The Charts don’t lie….

As featured in the Herald Sun
Friday 1st July 2016.
By David McCulloch – Market educator and consultant to Share Wealth Systems

ASX200 relatively weak compared to the S&P500

From early May to early June the ASX200 attempted to break through the resistance zone between 5335 and 5450 (the top blue rectangle). This proved to be too much for the ASX200 yet again, now making this resistance zone an even more significant zone. Meaning that it will become more and more difficult to break […]

Investor Mastery

As featured in the Herald Sun
Friday 24th June 2016.
By David McCulloch – Market educator and consultant to Share Wealth Systems

ASX200 continues steady advance

The ASX200 has continued a steady rise over the last month making May of 2016 a “hold and stay” rather than a “sell and go away”. The daily chart below of the ASX200 shows the steady advance from around 4910 in mid-April and right through May. The ASX200 has risen from below to above: Technically […]

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