ASX200 (XJO) Nifty 50 Hang Seng HSI. Technical Analysis Elliott Wave and Trading Levels

ASX200 Australian Stock Market

Elliott Wave:Two count one bullish Wave (ii) and one bearish Wave 4

TradingLevels:6200 is the support, as resistance it creates the bearish move and the Mid-Point 6250 as support creates the bullish move.

Trading Strategy: Short below 6200 and long above 6250, however you can go long on 6230 (SG1) as support on the second time around see video for details.

Peter Mathers tradinglounge

 

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