Charlie’s Charts January 16th 2019

  The local market has been moving steadily higher so far this year adding 2.9 per cent from the December close and over 7 per cent from the December low. Anything can happen in the markets and with lots of potential landmines to navigate it could be a very...

Charlie’s Charts 9th January 2019

Welcome to a new year everyone. The local market has moved up tentatively from recent lows following some good gains in overseas markets and a positive outlook on US trade talks with China. A daily chart of the ASX 200 index shows the current move up.      A...

Charlie’s Charts 12th December 2018

The local market has struggled to regains lost ground since closing below the support zone around the 5,650 mark. Analysts now speculate on where the next support level might be if the market continues to fall. The monthly chart shows the long term trend line from the...