Get started
ForexStoreau

ASX - Bearish Divergence - SELL

Short
S&P/ASX Index (FX:AUS200)  
ForexStoreau  
FX:AUS200   S&P/ASX Index
Trend Analysis Chart Patterns Technical Indicators Bearish Patterns bearishdivergence asx200 S&P 500 (SPX500) AUDUSD
6
0
trendanalysis chartpattern indicator bearish bearishdivergence asx200 spx500 audusd
Good morning traders,

The ASX has reached a key level failing to break above the inclining channel.
There is currently a bearish divergence on the RSI followed by an inclining wedge formation.

With global indices looking very fragile at the moment due to the Coronavirus, Impeachment and earnings season in the US, the ASX could follow suit.

Any comments are welcome!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.