Trade_Setup

The ASX200 may be setting to head down the slippery slope lower

Short
ASX:XJO   S&P/ASX 200 Index
The ASX200 is hovering at a key level at 5850, that if broken, will trigger some bears into action. Recent pressure from sellers has picked up off the 6200 area and the uptrend from march has been broken. Many feel that a selloff and reset is on the cards and warranted so it may soon come true.

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