ASX200 CBA ANZ WBC Copper Iron Ore Nifty 50 Elliott Wave [Video]

Peter Mathers TradingLounge

ASX200 CBA ANZ WBC Copper Iron Ore Nifty 50 Technical Analysis is Elliott Wave and Trading Levels.

Australia: ASX200 CBA ANZ WBC today I take a look at the Monthly charts pointing out the long term bearish Elliott Wave counts for the Banks which is turn will take the ASX200 with them.

India: Nifty 50 has hit resistance at 11,500 (Medium Level - Trading Levels) and appears to be establishing an impulse move lower, this is not confirmed as yet, but should do in the next trading session. We have entered a half position on the short side with a stop above the Medium Level.

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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