S&P/ASX 200 Index

XJO ASX

dontdaytrade

S&P 200 (XJO) is currently pulling back at resistance, but has formed a great looking Darvas box. If it can break above 6200 and hold support, we are going to around 6650. A fib extension still puts the next move to 6300. I expect a pull back to test 6200 support, then resumption upward. After that the next extension is just above the ATH. This is also forming the...

Portier

We're calling it. Australian Equities have now recovered losses stemming from the 2008 Subprime Crisis sell off and are now at ATHs supported by large corporate buybacks amidst moderate earnings growth. Our view - Weaker relative EPS on the back of domestic bushfires, lowered Chinese demand and corporate buyback continuity. - Lowe & Co running out of...

Forex_Algorithmic_Trader

Breakout or one more leg down? www.forexalgorithmictrader.com

xtf_ze_trader

For the first time in 6month, XJO aka ASX200 has spent 3 days above 200MA. Bulls should be dancing as this unprecedented at least for the last 6 months. I will try to be brief with today’s TA. Lets analyse bull cases: - PSAR daily and weekly pointing to the bulls court - price above 50 and 200MA - LSMA and QLSMA both pointing up and price above their lines -...

Spade_of_Aces

Which way will XJO go??? I feel many investors are on the edge of their seats, whether cash or holding, there's this underlying sense of unease as the markets could swing either way at any moment... So ask yourself, and answer in the comments below if you like: a) Will we continue to melt-up and diverge from the economy? b) Will markets crash back down and catch...

HeWhoMustNotBeNamed

After double bottom, XJO is forming new base.

majicktrader

What happens when banks are the largest part of your index...

Richowl

Potential bounce back at 5800 ASX200

Trade_Setup

The ASX200 has rolled over since the last alert and holding lower highs. Price is at an important crossroads now as it holds above 5970 and below 6010. A break up through 6010 will get the bulls excited and lead to a push up to 6200. A hold below 5925 and move down through 5970 will trigger further selling and pressure lower as buyers are forced to close out. We...

Anthony777

XJO consolidating since June.

d-MidnightRunner

XJO - ASX200 a drop bears dream. Crikey! A long term take on the Index down under. Undeniably having been in a multi decade bull market, technically, future times appear tougher. Divergence in the overbought area of the wave oscillator, coupled with an ominous Doom spike back at the GFC March lows of 2009. The father of finance, Fibonacci, projects a downside...

tradetheday

Hello Fellow Trader! The US500 and Nasdaq continued their falls and finishing in the red on Friday. The ASX200 also had two consecutive lower low days breaking slicing below 6000 to finish the week also in the red. We could see slight recovery back into the 6000 which is key for the advance, or rejection indicating falls the ASX200 has not seen since June....

johninvesting9

On 26 August 2020, $XJO was at 6161 and I said we will pull back to the moving averages and a big breakout will come... The 2 day chart have shown us we have broke down to the down side. This week, I said we need to close above 5836 on the weekly to stay bullish. We did that. However, it is not over yet. The 2 day candlesticks DID NOT CLOSE this week ,...

michaeldouglas1915

Using this script indictors in this oder to establish my first short position. Let me know your thoughts. UHLMA100 gives a larger bear market indication TDF MA sows first sign on short term trend change below its zero line. ASO 10 0 shows the sentiment reading UHLMA26 shows the shorter term trend crossing over into negative territory (white crosses below...

Trade_Setup

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. ------------------------------------------------------------- WE...

schwafty

We've seen price action since the March drop push us back into the channel, it would be nice to see a bounce from the 1M trendline thats provided TL support since '09. Maybe a bounce from here will get us through the 6200 resistance thats been on our plate since June. Let's see what happens.

johninvesting9

If ASX200 close below last week's low of 5836 tomorrow (Friday 18/09/2020), It is time to reduce position size and risk because It is likely that we will see more selling in the coming week.

UnknownUnicorn9243607

A country sleepwalking into desolation. ----Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety.-----