S&P/ASX 200 Index ASX:​XJO

Much better and different to AUS200 which is supposed to be a close facsimile of the XJO. It's not. The price action is way different - and not so nice to analyse. XJO shown here shows where supply may come in. The trend is showing signs of weakness with smaller high end closes. I don't predict - as no one can, but we are in an area where price may start to go...

Three levels of accumulation and a retail traders fantasy an ascending triangle. price should go past the perceived resistance, maybe stay there for a while and then drop.

wxyxz pattern formed and after you see a pulse to the downside

The Index is currently up by 0.30% in the first 30 minutes of today's trades 14/1/2019; however critical resistance lies ahead at 5809.40. The Index needs to break and remain above 5809.40 to proceed further to its next challenge at around 5844.40. The Index could retreat to its next support at 5753.20 if it fails at 5789.30

Hello Traders, XJO is pushing for the down side with aggressive waves, With the uncertainty about the trade war and with the strong interest rate of the US dollar, it will be hard for the bull to take in charge the market during 2019. This is for educational purpose, not an investment advice. Never expose more than 1% of your captital to the market. Best Regards

ASX200 hits 50% fibo on Daily chart, closes right above the trend line on pitch fork and sits right on 200 SMA. year end 6000 level forecast!!

Trade Set Up – We would be looking to enter on a daily close above 5780 with stops confirmed once entered, and a target level of 5980-6000. Why we like this trade – Whilst history is no guarantee of future price action it is important to note that a correlation in a Dec move over the past 10 years has yielded an average of +2.74%, all of which starts from the...

Hey guys, I have a trade idea currently for the end of the year, it is very possible to have one wave further down (to at worst I predict the 5550 mark) then a gradual buy for the start of the year up until 6000. Watch for flags to buy 15m.

In today's video update, we take a look at the AUD index as we see price start to accumulate at the key weekly support. If we see price turn bullish here on our trading timeframe we can look for long opportunities.

We are drifting upwards on Trump- Xi talks although we are still bouncing between Fibonacci shorts. What will happen if Trump and Xi do not have a good talk and reach no agreement? We will see another sharp sell off. Trumps angry tweets when he gets back to his hotel room will propel that. According to my analysis we are in the midst of another 10% sell off...

Rising Wedge Formation

I am seing the australian stock market selloff slowing down, following a selloff due to the global fear in the world that produced dumps of everything. Going to keep an eye on the dow. Right now the dow is the big bubble in the world, and it is where every one has some money. The whole market cap is insane, in particular you got the top us (and some chinese)...

If trend line done not hold we will head for another sell off in total 15.83%.

S&P/ASX 200 Index

I'm famously and very publicly BEARISH on most markets at this time how ever this top i believe will broaden, in the mean time we have a nice Inverted Head and Shoulders forming to create our B 'leg' of our ABC correction right now, could be a good gainer on a few market big wigs or just an ETF. Looking to enter LONG on breakthrough of neckline, assuming we don't...

Forgot to update this when it did pivot. Have been busy trading crypto again due to bitcoins recent movement. Anyway, bull div on the fisher, MACD very much over sold and the bogglett bull divved too. I was wrong about testing the 6k zone in my other post, we didn't go as high as I expected. However, I am expecting to break the previous high of 5945. The steep...

With no imminent economic risk either local or global, it's hard to see the LT uptrend broken at this stage. However, it's too early to call this the bottom.

Looks like we are currently moving down in the third Elliott wave. We have completed four sub-waves of this third wave and are likely to complete the fifth one after a leg up and a leg down. We are likely to move up in the fourth corrective wave after the completion of the third wave before moving down in the 5th of the fifth wave. Alternative count: It is...