Australia Stock Market
PRIMARY and WEEKLY CYCLES
As per the previous report, the short-term pattern suggested a move towards the 3-month lows.
The move spiked down as far as the 2018 50% level.
This Primary cycle 50% level defines the state of the BULL TREND, and I continue to be bullish into 2020-21
However, it still remains in a SHORT_TERM breakout pattern, which is going to struggle to move higher than 6041 for the rest of this month if there's Buying & 'short-covering' early next week.
