FX:AUS200   S&P/ASX Index of Australian Listed Shares
18 3 1
Weekly trend line break . Looking for short entry

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snapshot

Looking toppy
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Nice chart. Based on it though I'd expect a move higher. A rally should attract a lot of buyers who will look at that trendline breakout. After that it should sell off. That seems most likely.
https://dl.dropboxusercontent.com/u/98363503/Misc%20-%20TV%20-%20SPX%20ASX%20redraw.png
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Genghis kosai19
Thanks fella. Will keep an eye on it when it gets up around the green bear trend line (TL) and see how it behaves. Otherwise much happier to be short around the yellow bear TL
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