The ASX 200 Australian Index (S&P/ASX 200) Daily Diagram Technical Analysis Training shows the following:
The ASX200 declined in last week's sell off towards to KUMO.
So the first think in mind is the KUMO and EMA200 Support. MACD is bearish and RSI too.
We have no special candlestick pattern except the long red candlestick of -1.34% like a week before. The index is under all the Ichimoku key indicators.
There is no special pattern.
Stay aside and wait to stabilize. Short below the uptrend channel and EMA 200 or long above the KUMO.
The ASX200 declined in last week's sell off towards to KUMO.
So the first think in mind is the KUMO and EMA200 Support. MACD is bearish and RSI too.
We have no special candlestick pattern except the long red candlestick of -1.34% like a week before. The index is under all the Ichimoku key indicators.
There is no special pattern.
Stay aside and wait to stabilize. Short below the uptrend channel and EMA 200 or long above the KUMO.
