Is the Recent Price Legit (Chart)
Long Trade Idea
Enter your long position between A$205.07 (yesterday’s intra-day low) and A$210.09 (today’s intra-day high).
Market Index Analysis
- Macquarie Group (ASX:MQG) is a member of the S&P/ASX 50 Index.
- The S&P/ASX 200 Index started January in mixed mode with modest gains offset by profit-taking in financials, yet the Australian market continues to benefit from structural tailwinds around infrastructure development and M&A activity, with Macquarie positioned as a core beneficiary of both trends.
- The Bull Bear Power Indicator of the S&P/ASX 50 is bearish with a descending trendline, signalling that while near-term momentum has stalled, selective rotation into high-quality investment banking and…
