With my overseas index system generating some buy signals last night I thought it might be worth comparing the health of our market to a random selection of others indices.
Key
^AXJO = ASX 200
^DJI = Dow Jones
^GDAXI = Dax
^N225 = Nikkei
^NDX = Nasdaq 100
As you can see our market is dead in the water – the only worse performing index over the past year has been the Nikkei and they have an excuse in the form of a fricken big tidal wave.