The ASX is ready for a break-out

Renewed confidence is giving our market a timely boost … but will it last?

Well, here we go again. As readers are probably already aware, the All Ordinaries Index is currently sitting at a key line of resistance.

If you don’t want to be too exact about it, it’s roughly around the high 4,000s, low 5,000s mark. Technically, we’ve just pushed through, but either way the index now sits at a five-year high.

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