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Tuesday, March 30, 2010

Australia ORD - Continues to push higher



The AORD continues to push higher and with the break above 4,904 does clear the way for a continuation high towards the January 11. high at 4,983. That said the AORD is very overbought at the moment.

Only a break below 4,848 will indicate that a top is in place for a decline to at least the 4,734.91 area.

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