Evidence for major selling at 6000 Short

S&P/ASX 200 IndexASX

Description

⋅ Apr 26, 2018 9:24 AM

Gday, i would like to put forward the case that big players the ‘smart money’ manipulated the market at the 6000 level to off load huge quantities of stock ahead of an anticipated down trend.the chart annotated shows what I think may have happened.

Chart Patterns

Comments

simple_don

⋅ Apr 26, 2018 11:53 AM

Any close >than 6000 would be a trigger to bail on shorts

xjo0

⋅ Apr 26, 2018 10:25 AM

looks convincing,,