ASX 200 is still on track within the wedge lines making higher lows and higher highs. So, the low limit for today, if it touches the lower line is around 5900.

The high should take the previous high at 5947 and get to 200% Fib extension at 5958. The max though at 5988 (where the upper line of the wedge is) would be very unlikely (Telstra goes ex today). Also, that area is the lower zone of the strong resistance (5980 to 6020).

ASX200_25022015