ASX looking ripe for the picking after C&H -Target 9,163

Looks like the next international index that is ready to rally is the Australian 200.

It seems like the American presidency is having a domino effect which is resonating with down under including the following:

📉 Tariff Truce Sparks Global Optimism
A 90-day pause and significant reduction in U.S.-China tariffs have alleviated trade war fears, boosting investor confidence worldwide.

📈 Wall Street Surge Sets Positive Tone
Major U.S. indices, including the S&P 500 and Nasdaq, have rallied on trade deal hopes, providing a strong lead for the ASX.
Market Index

🛢️ Commodity Prices Climb with Trade Hopes
Anticipation of increased demand from China has driven up iron ore and oil prices, benefiting Australia's resource-heavy market.

💰 Australia Attracts Global Investors
With a stable economy and low exposure to U.S. tariffs, Australia is becoming a preferred destination for investors seeking alternatives to U.S. markets.
Reuters

And technically, we have the text book Cup and Handle showing upside to come.

Cup and Handle
Price> 20 and 200MA
Target 9,163

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