All Ordinaries

ASX Recovery - Dead Cat Bounce


A dead cat bounce today on the Australian Stock Exchange! Just a quick update, the volatility of the market displayed its true colours today! Compared to yesterdays touch of vital support level just above 4750. A true display of a dead cat bounce. The All Ordinariesgained 20.5 points, closing at 4835.5. But is this the comeback of the market to its glory days above the magic 5000?

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