As you can check in this link Australian All Ords Australian shares are in a firm and mature uptrend. The 50 day MA has been above 200 day for about 18 months now and the index has rallied out 40%, with dividends it would have returned close to 50% over that time.
Sometime this year the 50 day will drop below the 200 with the market dropping.
With the 200 day at 3800 and 50 day at 4130 and both rising to the market at 4217 the cross back should be at the 3900 area with a pull back below that. The size of the pull back will depend on Australian and global market conditions, it will either be a consolidation or a correction.
Therefore, why invest now? Unless you think you can out fox the market or have a fund so good that over time any entry point will be a significant winner.
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