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ThinkingAntsOk

"ASX in new highs since 2007: what's next?" by ThinkingAntsOk

Short
Australia 200 (OANDA:AU200AUD)  
ThinkingAntsOk  
OANDA:AU200AUD   Australia 200
Support and Resistance Multiple Time Frame Analysis Trend Lines ASX AUSTRALIA 200 au200 indexes australia australian
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supportandresistance mtfa trendline asx au200aud au200 indexes australia australian
Daily Chart Explanation:

- Price is against the Weekly Ascending Trendline.
- Price is on a Micro Ascending Trendline.
- Bearish Divergence on MACD.
- If price breaks the Ascending Channel at 6740, potential to move down towards the Support Zone at 6400 and, then, to the Bottom of the Ascending Trendline at 5620.

Our Weekly View support this idea. Check it out!

Weekly Vision:
snapshot

Updates coming soon!
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