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S&P 500
5,277.51
(
0.80%
)
US TECH 100
18,064.80
(
0.02%
)
Dow Jones
38,686.32
(
1.51%
)
Brent Oil
81.30
(
0.00%
)
Bitcoin
67,697.98
(
0.32%
)
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pennies2007

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pennies2007

Re: quanticopious15 post# 138510

Friday, 03/18/2016 11:24:13 PM

Friday, March 18, 2016 11:24:13 PM

Post# of 140146
AU is directly tied to commodities like oil and gold. If those two are moving up, chances are good that AU will move up with them. They're actually a stronger indicator of AU direction than the market is overall.

The other item that drives AU is news from China and New Zealand. Those 2 countries are their top trade partners. So if China is doing badly, for example, AU will typically drop in response to that also.

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