NIFTY 50 ASX200 HANG SENG Technical Analysis Elliott Wave 17 January 2020
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NIFTY 50 Overview: Today I take a look at the bigger picture using the Nifty Mid-Cap and we can clearly see that the Mid-Cap is just coming out of a long term correction Wave (4) and will continue to move higher through 2020, that means the Nifty 50 will also continue higher through 2020
NIFTY Elliott Wave: Wave (v) higher
NIFTY Trading Levels: Support on Minor Level 3 mTL3|12,300 this is also the top of Minor Group1 and important as it sets up the next target at 12,500
NIFTY Trading Strategy: trade long on new highs
ASX200 Overview: Today I take a look at the bigger picture the Elliott Wave Primary degree of structure and using this count we can see a bullish beyond 2020. I also take a look a CBA bigger picture Elliott wave count because we are currently long in this market
ASX200 Elliott Wave: next level is 7,100 but the target is likely higher at 7200
Trading Levels: 7200 next critical level
ASX200 Trading Strategy: holding long, currency have positions just abo
ve 6900 with stop loss 7042
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