Technical Analysis Elliott Wave Forecast: ASX 200 (^AXJO) [Video]
|ASX 200 (^AXJO) Technical Analysis Elliott Wave Trading.
S&P/ASX 200 Index (^AXJO) Technical Analysis Elliott Wave Forecast.
Plus CBA ANZ BHP RIO FMG, IRON ORE, COPPER, CRUDE, AUDUSD, GOLD, SILVER, DXY, NIFTY 50, CHINA A50 Shanghai Composite SSEC.
ASX 200 Index Overview: Bullish corrective pattern Wave (4).
ASX200 Elliott Wave (c) of b) of Y of (4) or the Bullish count is Wave (5) started, needs confirmation.
Trading Levels: take profit at 7400 and wait for the next trade set up (Classic TradingLevel pattern).
ASX200 Trading Strategy: trade to 7400
Commodities:
Copper Elliott Wave iv) correction.
Crude Oil Wave 4.
Natural Gas Elliott Wave 4 Expanded Flat.
Iron Ore: bias is bearish.
US Spot Gold 1750 critical support, if breach then bearish count is in play.
Australian Stocks:
Finance and Bank: Bullish.
BHP RIO FMG trading long off the lows.
STO OSH WPL, prepare for corrective pullback.
Video Chapters:
00:00 ASX200 Banks XXJ,CBA & ANZ Elliott Wave Analysis.
17:57 Nifty 50 & China A 50 Shanghai Comp SSEC Elliott Wave Analysis.
22:05 Commodities Iron Ore, Gold, Oil, Natural Gas and Copper Wave Analysis.
41:36 AUDUSD & DXY Elliott Wave Analysis.
49:04 ASX Resource Stocks NYSE BHP ASX BHP FMG Elliott Wave Analysis.
55:59 Thank you for watching ASX200 Elliott Wave Analysis.
Trading tips:
"Are you willing to lose money on a trade? If not, then don't take it. You can only win if you're not afraid to lose. And you can only do that if you truly accept the risks in front of you."
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