xtf_ze_trader

XJO still fighting the 200MA

ASX:XJO   S&P/ASX 200 Index
The Australia stock market is still fighting to rip up the 200MA which so far has been a challenge. I expect the market to zoom up very quickly when this 200MA is breached.
To me it is now or never for this market to prove its strength. we are in the apex of what looks to be end of an ascending triangle . Keep an eye on this chart as we see new ATH on the Wall Street.

This charts shows all the info I will be brief with my post today and as I said last time it is not a good time to buy until the market shows stamina to stay above 200MA. Have profitable trades and dont forget to gong the likes.

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