ASX200 may finally crack 4300

Australia’s benchmark share index, the S&P/ASX200, has been stuck below 4300 points for months, with numerous attempts to clear the hurdle failing, but a technical analyst says a pattern forming in the index’s daily movements suggests it is finally nearing a breakout rally.

Read more: http://www.smh.com.au/business/markets/shares-may-finally-crack-4300-ceiling-20120326-1vtp4.html#ixzz1qMBlpqHn

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