Technical Analysis Elliott Wave Forecast: ASX 200 (^AXJO) [Video]

Peter Mathers TradingLounge

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."

Author

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

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