The S&P/ASX 200 Index ( STI ) Daily Diagram Training shows the following:
The ASX200 index has made a correction decline and then (last week) it reacted on 100. Last week it crossed 50. ASX 200 is on a bull market because 50 is above 100 that is above 200. The 50 crossed 100 & 200 and 100 crossed 200 too.
is ready to give a bull sign above the zero line. RSI=56.
Next target is the 1.618 of fib @ 5701. Long for it. Stop loss under the 50.