S&P/ASX 200 Index ASX:​XJO

Hello Traders, New opportunity to buy the ASW200 for the short term. I'll do my best to keep this poste updated, Good to you all. Omar NAMOUCHI

The market has over extended now and as i have mentioned in my previous post, i am expecting green this week. Today's close is evident of that and looks good for a 1-2 week up trend. I Expect us to reach the red area before heading down lower. friend of mine mentioned that US earning reports re coming out in 2 weeks. This may be the catalyst that takes us lower ...

The market had a good bounce today with an even red and green movements. As per the bounce. The perfect wick from serious support (i.e. the sidways movement back in 2017). As mentioned in my comment on my other post, I expect more green to come this week. The DJI is already up 1% with many US stocks in the green. I suspect this is our first pivot point with ...

I did not expect such strong selling through the 6000 level so soon. I was honestly expecting a bounced at 6000 with long term support (trend line) holding.. I guess THEY had other plans ;) The selling occurred due to the $DJI breaking support and dipping just under 6%. Second target in sight, however, the fisher and RVGI are both over extended so I expect some ...

Headed towards Uptrend line (pink) arrow.

Here is an idea for ASX 200 - this is a monthly chart so I think this plays out in the next 12-18 months. There are many key technical and fundamental indicators screaming this house of cards is about to come crashing down. It will rebound and rebound hard, with lots of government intervention and bailouts, but the writing on the wall is red. Some facts. 1. Home ...

I don't know what happened today, but we are almost there. TA > FA.

A bull div is forming on the daily, looking at a retest of resistance a 6233.9. Larger time frames (3D and weekly) still say down. Fundamentals (economy, banks, dollar etc) also say down. Will update once we approach the level. Current sentiment - long... extremely short term though.

I've been watching this closely. Mutliple channels being formed and breaking down. Today the $AUD broke the 0.72 support level. House prices have dipped 6.1% this year and the cash rate was kept at 1.5%. I believe we will see 6000 soon. Hoping that will hold, otherwise the blue box is the target. As stated in my related idea, interest only loans are about to ...

https://www.tradingview.com/x/w6EGFGMg/ Chris Moody's MacD indicator showing buy signal right now Squeeze Momentum showing it's in the good deal territory Candles are below the Chris Moody's MA As soon as you see 2 consecutive red candles on the 1 DAY Heikin Ashi chart for ASX:XJO, that's your stop loss, get out. ...otherwise I don't see why it can't hit 6300 ...

-Ascending wedge potential downside bearish break/reversal -Test ~6150 minor support, if broken test 2015 52-week high of ~5900 major support in coming months. -Watch 365 SMA to identify potential trend change

It may retest the all time high and then fall over like a piece of poo.

Quite Clean Ascending Triangle has formed on the ASX200 H4 - looking for a break and close in either direction for entry. Look at RR = 3 here. Potentially very good setup.

Quite Clean Ascending Triangle has formed on the ASX200 H4 - looking for a break and close in either direction for entry. Look at RR = 3 here. Potentially very good setup.

ASX 200 started a new five Elliott wave structure after the completion of correction in Februrary 2009. It has since completed four waves on a monthly scale and is now running upwards in its fifth wave which is likely to terminate around 6800 and go down to around 4500. Why do I think so? If we zoom in in the period from February 2016 when the fifth wave started, ...

ASX topping out, creating multiple bear divergences within a large, multi year bear flag. Orange line = height of ASX pre gfc. Red line = pre recession support Blue lines = first lot of targets. Along with the housing bubble, potential future issues with loan repayments (i.e. those who took out interest only loans), along with the flat cash rate and wages not ...

This indices is looking good for a long, it needs to break above 6150 (red line) to confirm the bullish trend. The ASX joins FTSE, NASDAQ and russel that are leading the way as the potential for a risk on move continues, short term the yen pairs are heading lower so this may take more than a few days to become a trade. I have given the pair a wave count but it is ...

The Australian index could be building a top pattern.