No real change on yesterday's report and whilst we trade below 5600 the market targets 5300. I did mention yesterday that we had conflicting signals and this remains the case today however I don't expect this to continue much longer. Its not ideal but to have a 75% win rate on our magnet trades we have to be selective.
As Tuesdays are generally bullish days we could see a rally towards 5590. If the market rejects 5600 again, then the chances are we are going to decline towards 5300 for the rest of the week.
Today the dividend is 1.5.
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