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S&P/ASX 200 Index finished the week up 0.7%

The S&P/ASX 200 Index finished the week up 0.7%. The best performer was the Materials sector, up 3.4% and the worst performer was the Financials sector, down 1.0%. 

The XJO Index has formed a “lower high” formation at 5900. The cascading lower highs in 2018 continue, which is generally a bearish price pattern.

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XJO Index
Dow Jones Index

 

 

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