A very quiet session locally but weakness seen in the resources sector. Tomorrow marks the end of the Financial Year, the worst performance in a financial year since 1982. Combined with last years financial year drop, the two cumulative represents the worst on record, just in case you were wondering why its been tough. If you’ve come out reasonably unscathed over the last 24-months you should give yourself a pat on the back. Later this week in the US we see the employment data released again, typically a market mover, before a long weekend holiday over there. It could be quiet trading in the coming days. We remain range bound with the major focal level being 3714. Bearish below there.

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