ThinkForex - Analytics

    ThinkForex

    461.75 4.25/10
    80% of positive reviews
    Real

    INDICES: Bears retreat but bulls not out of the woods just yet

    Global markets are enjoying a rebound after a dismal end to Q3, which is helping support Australian shares and even the Australian Dollar, whilst risk is back on the table. 

     


    View previous analysis: Bears appear cautious around 5000

    First off the declines from the highs have been aggressive with small pullbacks and long downswings.



    I will be keeping a close eye on the zone between the 50%-61.8%


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree