S&P/ASX 200 Technical Analysis [Video]

Peter Mathers TradingLounge

S&P/ASX 200 Index chart forecast. Plus CBA ,ANZ, BHP, RIO, FMG, IRON ORE, COPPER, CRUDE, AUDUSD GOLD DXY NIFTY 50 CHINA A50 Technical Analysis Elliott Wave

Technical Analysis Summary for ASX 200 Index: Clear up trend with main support at the last correction low at 7200 which is the Feb 2020 high now as support.

Australian Stocks:Long trades now in CBA and ANZ

Trading Levels: ASX200, Classic trading levels pattern across 7500 is helpful as the next long trade set up

ASX200 Elliott Wave: ii of (iii) of v) of 5 of (3)

ASX:XJO Trade Ideas
ASX200 Trading Strategy:We have a long position at 7410 and will look to add another position on the 7500 as tested support.

Peter Mathers - TradingLounge

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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