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Australia 200 – Falls to One Month Low Below 5300
Over the last week or so the Australia 200 index has returned some of its recent gains falling from above 5550 down to a one month low below 5300. It has found some support around 5340 which has propped it up a little in the last day. Prior to that it had enjoyed a solid resurgence throughout October after getting much needed support from the 5200 level, which has resulted in it moving back above the 5400 and 5500 levels, around a two month high. Throughout most of September the Australia 200 Index declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously ... (full story)