AUTRALIAN STOCK MARKET - SPIT FUTURES 5TH JUNE 2022

 

SPI YEARLY AND WEEKLY CYCLES

Really thought price would hit the MAY lows at the same time the S&P 500 hit it's Yearly lows. (Read US Report)

Australian Market holding up well on the back of Commodities and back above the yearly 50% level.

By the look of the price action, it's either going to continue higher, or move into a sideways pattern into the start of the 3rd Quarter.

All eye on the US MARKETS