Our market bounced back today after a few negative days, the XJO closing up 44.4 points to close at 4796.51. The move was seemingly on the back of a pretty solid night in the US, with the Dow Jones closing at its highest level since June 2008. Today’s price action has ensured that the ASX Systematic Power Setups is turned back on as the daily trend is back up. The sectors all finished in positive territory, with Materials and Metals/Mining the star performers, both up over 2%. Energy, Gold and Information Technology also fared well. The Australian dollar had a good night, pushing strongly past parity against the USD and is currently at 1.0111 at time of writing.