FX:AUS200   S&P/ASX Index
AUS200 is kind of interesting to watch. We reached 7606 resistance, if we break it, we go to 7648. We def have enough momentum to go higher, inflations is a big problem, recession is about to start but it can take few months. We’re also in April- one of the most bulish month.
I don’t recommend to follow it but behind saying ‘sell in May and go away’ is a lot of truth. I think, and it’s only my opinion, it’s something that is happening right now.

I’m getting ready to open sell position next week- I expect market to try break the resistance at least once.

Please trade carefully.

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