ASX 200 for the 29th July 2019
ASX 200 is close to the all time high of 6852 in Nov 2007. I believe this level will be reached soon, but first it needs some sort of consolidation.…
ASX 200 for the 12th July 2019
The wedge has been broken down. I'm looking for an ABC move so the low at 6641 should be taken. Support is the black trend line.
ASX 200 for 7th July 2019
The rise and rise of Aussie market seems to be unstoppable since federal elections. Let's look at the daily chart and see where we might get a high. The market…
ASX 200 for the 16th June 2019
Since 24th Dec 2018 the index has been in a strong uptrend with few corrections on the way, but it's making higher highs and higher lows. The last two days…
ASX 200 on the 3rd of Oct 2018
Since last update the index didn't take the low at 6104. What it did has been a 50% Fib retrenchment at 6234 high. In reaching this high in about two…
ASX 200 for the week starting 24th July 2017
Last trading week of July 2017: ASX 200 at cross-roads It's been over two months (from 18th of May) since ASX 200 has been trading in a little more of…
ASX 200 for the week starting 22nd May 2017
I think our market is finally trending down There are three reasons to believe this: The index finished a the fifth wave up. The last move up was very weak:…
ASX 200 for the week starting 3rd April 2017
Since the break out at 5830, we are looking for the 5th wave (last one), and trying to work out the length of it. This is for ASX 200 index,…
ASX 200 for the week starting 6th Mar 2017
This is going to be an interesting week. Looking at the weekly chart, it looks bullish (see chart). It had an inside candle range and last week a lower low…
ASX 200 for week starting 27th Feb 2017
On Friday has been a scary red long candle down that takes out of the picture the recovery in short term of the blue trend line. It doesn't mean that…