The volume hiked on today's drop and that is not a good sign. The oscillators are also showing clear negative divergences.
I'm quite sceptical on the current 9-months rally continuation.
However, emotions do not pay and until the last low is broken we are in uptrend.
Australia seems to be doing very fine during those crisis times (here).
Sources:
[http://seekingalpha.com/article/173775-australia-what-recession]
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