Falls outnumber rises by 2 to 1
But overall not too bad
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Any sign of any Wages Subsidy for affected Auckland businesses for the 3 days
from the Bums on the Hill yet - or do they think it will be Wages for Free ? ;)
The technical rot on the NZ50 index commenced last week before the covid scare..
Correction in progress. Technically/generally speaking, during corrections all medium/long term* buying should cease until buy signals re-emerge.
* The daily/one year chart below is defaulted for medium term use.
Attachment 12305
Thanks Hoop. Helpful as usual.
Hoop, thanks for sharing post#9004.
It vindicates my recent outlook.
we all know the party is going to end badly one day. just gotta hope you stumble of the bus at the right stop