Global Focus Developed Long

The Australia ASX All Ordinaries Index lost 1.8% this week, its
biggest weekly loss since mid-January. The index is in an Uptrend
Under Pressure, as it remains within 3% of 52-week highs, but it has
eight distribution days in the past five weeks and closed under its 10-
week moving average for the first time in over three months.

Global Focus Developed Long

The Australia ASX All Ordinaries Index gained 1.1% this week,
finding support at its 10-week moving average before rising within
1% of 52-week highs. Volume was well below average for a second week
but the index did pick up its second distribution day in as many weeks,
and now has five over the past five weeks.