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johninvest17

Is the Market Finally Going to Crack?

S&P/ASX 200 Index (ASX:XJO)  
johninvest17  
ASX:XJO   S&P/ASX 200 Index
Trend Analysis Chart Patterns Technical Indicators S&P/ASX 200 ASX asx200
5
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trendanalysis chartpattern indicator xjo asx asx200
The RSI gave us a Divergence "a warning signal" on the monthly chart.
Today sell-off of 2.19% was going to happen anyway. Maybe more to come if the US Market continues to sell-off.

I am still bullish long term and have added support lines on where I expect the price to bounce back.


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Nov 30
TD Sequential is showing a Green 9. This could be a temporary top for the US Market.
We could see a small pullback towards the moving averages.

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