ASX200 - 24h expiry Pivot resistance is at 7680. We expect a reversal in this move. Risk/Reward would be poor to call a sell from current levels. A move through 7625 will confirm the bearish momentum. The measured move target is 7550. We look to Sell at 7650 (stop at 7686) Our profit targets will be 7560 and 7540 Resistance: 7650 / 7675 / 7700 Support:...
Looking at afternoon trade, SPK represents a potential bullish opportunity should momentum continue and higher highs and higher lows be made past the current position, considering breach of recent resistance levels aligning with technical indicators of RSI and DMI. Relative strength in the Midcap 50's as well as the communications sector (XTJ) adds further impetus...
The ASX 200 cash market rose for a second day, although the SPI 200 futures closed flat with a potential bullish pinbar on the daily chart. The 1-hour chart also shows a potential bull flag, which projects a target around 7640 (or the Feb 2nd overnight VPOC - volume point of control). For today, bulls could seek pullbacks towards 7580 - 7587 (overnight VPOC) in...
While the AUS200 revisits the all-time highs set in Aug 2021, the index absorbs a positive mix of sentiment towards global risk, as well as local factors, and many question if this time around we see the illustrious bullish break the bulls are positioned for. While global macro issues remain paramount, one catalyst to look towards is ASX200 1H24 earnings, with...
Looking at the weekly chart, bulls may have something to worry about. The market is yet to even test 7500 let alone break above it, and each time it has tried (and failed) to do so, the ASX has fallen by double digits in percentage terms. A bearish engulfing candle formed in the first week of the year after once again faltering at those cycle highs. And if we're...
Studying the Dow Jones extensively over the years has been enlightening, but unraveling the patterns within the ASX has always presented a unique challenge. Despite their differences, I believe the outcome from this juncture will remarkably mirror each other, signifying an imminent peak. Witnessing charts with distinct patterns eventually converge in their own...
ASX:CRN Daily, Weekly, Monthly, Quarterly and Yearly VWAP Confluence
ASX:S32 The chart for ASX:S32 shows a pattern of lower highs and lower lows. This information is essential for investing and trading. It is advisable to avoid focusing on this stock and instead focus on other options. This will save you time and give you peace of mind. #investing #avoid #trading #pwinvest $ASX:S32X:S32
Telstra Corporation Ltd ASX: TLS ASX:TLS - Telstra 5G wave could do a trick... - Telstra planning to push for 5G instead of fixed broadband telecom line. - Restructuring for TLS has been painful but surely step in the right direction. - Dividend policy has been reviewed that shows that TLS management may be aiming for growth and giving competitors run for...
Pattern – Continuation HL Support – 7035 Resistance – 7100 Hi, and thanks for checking out today's update. Today, we are looking at ASX200 on the daily chart. Today's video asks if the ASX200 will confirm a continuation price pattern we are watching develop on the daily price chart. Buyers look okay after holding support and forming a bullish bar in today's...
Hi folk, I am sharing my four analysis to DMP , unfortunately ,other charts were removed by Tradingview due to some violation from my side However, this video analysis will help to analysis the stock chart Love to hear in comments box below Disc: No buy or sell recon, DYOR, Invested in very lower level, added another trance with strict Monthly closing basis...
Solid level of horizontal support and 200dma on the ASX200 - bounceable area - lets see if we get a reversal here
Today's focus: ASX200 Pattern – Support/ Regular Divergence Support – 6885 Resistance – 7000 - 7070 Thanks for checking out today’s update. Today, we have run over ASX200, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis. Interest today starts from the support hold we are watching from...
Chart mapping/technical analysis of CAPITALCOM:AU200 for developing short-term Intraday Trade strategies. CAPITALCOM:AU200 ASX:XJO ASX:XVI
Chart mapping/technical analysis of CAPITALCOM:AU200 for developing med-long term Swing Trade strategies. CAPITALCOM:AU200 ASX:XJO ASX:XVI
Chart mapping/analysis for ASX Small Ordinaries Index ASX:XSO ASX Small Ords ETFs: - ASX:MVS ASX:SSO ASX:ISO ASX:SMLL Constituents (aggregate ETF holdings): - ASX:ANN ASX:AUB ASX:BPT ASX:CNU ASX:CSR ASX:FLT ASX:ILU ASX:JBH ASX:LTR ASX:MTS ASX:NHC ASX:NSR ASX:ORA ASX:PME ASX:QUB ASX:SFR ASX:TLX ASX:VEA ...
ASX All Ordinaries Gold Index Constituents: ASX:ALK ASX:EVN ASX:GOR ASX:NCM ASX:NST ASX:PRU ASX:RMS ASX:RSG ASX:SBM ASX:SLR ASX:WAF ASX:WGX
Chart mapping/analysis for ASX 200 Banks Index ASX:XBK Constituents: - Big 4 Banks = ASX:ANZ ASX:CBA ASX:NAB ASX:WBC - Mid Tier = ASX:BEN ASX:BOQ ASX:JDO ASX:VUK - Small Banks = ASX:ABA ASX:BBC ASX:BFL ASX:KSL ASX:MYS Note: Macquarie Group Ltd classified as Diversified Financials but also facilitates Banking ASX:MQG ASX ETFs -...