Analysis

ASX 200 (^AXJO): Technical analysis Elliott wave forecast and trading [Video]

ASX 200 (^AXJO) Technical Analysis Elliott Wave Trading https://tradinglounge.com.
 

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).
Trading Levels: Currently in Minor Group 1 7300|7200|7100.
ASX200 Trading Strategy: Neutral.

Commodities:
Copper Elliott Wave Triangle for Wave B.
Crude Oil to $80 the corrective pattern.
Natural Gas Elliott Wave 4 Expanded Flat.
Iron Ore finding support 650 low in place.
US Spot Gold Elliott Wave has broken support, but still in the larger Elliott wave triangle pattern, move lower 1700 - 1720.

Australian Stocks:
Finance and Bank: Neutral.
BHP RIO FMG trading long off thelows.
STO OSH WPL, prepare for corrective pullback.

Video Chapters:
00:00 ASX200 Banks XXJ,CBA  & ANZ Elliott Wave Analysis.
13:58 Nifty 50 & China A 50 Shanghai Comp SSEC Elliott Wave Analysis.
28:55 AUDUSD & DXY Elliott Wave Analysis.
36:54 ASX Resource Stocks NYSE BHP ASX BHP FMG Elliott Wave Analysis.
41:32 Thank you for watching ASX200 Elliott Wave Analysis.

Trading tips:
"Trading is not for the dabblers, the dreamers, or the desperate. It requires, above all, one steadfast trait of dedication. So if you are going to trade, trade like you mean it".

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.