S&P/ASX 200 Index

ASX

XJO

Looks like we are about to have a sell off! Look at the shooting star made today.

Heading south

Short Opportunity!

Double top weekly, daily Broken mid support, on support line now RSI broken support Macd curling

The euphoria of a USA White House Rose Garden State Dinner for Australia still bubbles to the surface, underpinning short-term market movement at the start of the trading week. This conjures up images from Hollywood's The Kingdom with the memorable line "the end comes no matter what, the only thing that matters is how you want to go out. Last Friday, 20th...

The Australian stock market (AXJO) is currently rising after a strong pull back that took place in July. This rejection happened because the market reached its All Time Highs of October 2007. Despite the rather strong selling manner in which it was conducted, we believe that this sell sequence is not over yet and a stronger correction is needed. The reason for...

ASX:XJO Very close to new All Time High if it were to breakout this resistance the index of the Australian Stock Exchange. Let's set the alerts and prepare to ride a potential new trend.

Today we made a distinctive shooting star pattern that has marked the end of the bullish retracement. This looked to be driven by news that was going around about the RBA considering QE in the near future, and anyone with any sort of brain knows what this means.... www.afr.com

ABCD correction of doom. I will be looking to enter a SHORT position at the upper trend-line channel resistance between FEB-APRIL 2020. Why FEB-APRIL 2020? The duration to get from A-C gives us the answer.... If: A to C = 0.618 (2,191 days) then: B to D = 1.272 (4,509 days) The above calculation gives us D's position on approx. - 9 March 2020

This looks to me like we might be making a decending channel structure. If true we are looking at a 10% downward move by Christmas!

Weak, could test 6200

After reaching all-time highs previously set in 2007, the ASX:XJO has formed a significant bearish candle on the monthly chart. The bearish engulfing candle on the monthly chart has formed at the convergence of the of the 2007 all-time high, and the upper channel of the range the ASX:XJO has been trading in since 2009. This could potentially signal the beginning...

The price collapsed around 7%. That is quite a significant drop. So, we are expecting the price to bounce back (dead cat bounce) around 50% or 61.8% retracement.

Based on previous charts and analysis, what is playing out appears to be within the mappings and ranges. August end estimate is 6396.9 give or take a few point. ©2019 Stark Networks #StarkNetworks #ASX200 #analytics #research #indices #charts starknetworks.ch

This chart is a zoom in on the previous published wide-view chart and highlights an immediate short-term range, highlighting the standard deviations implying and indicative of the negative downturn becoming more firmly established. The weekend (17-18 August 2019) is unlikely to provide respite as FX currency trading during the period when the Australian market is...

The whole grapefruit, peel pips and pith has entered a recycling period, renewables will not suffice, and with properties crumbling, without a bottom in sight, the carnage is set to play out over the next few years. It's a brave person who chooses a bottom for this now. This chart provides a potential range trading shading for contemplating slight upturns in an...

Within the past couple days, President Donald Trump proposed a new tariff of 10% for the $300 billion dollar Chinese imports. This new tariff will take action on September the 1st. Markets to keep a watch from this impact include the following; SSE:000001 HSI:HSI ASX:XJO All of the above index's will have the most impacts. I believe trump has made this tariff...

Estimated shorts, stop losses for ASX200 based on a repeated market sell off, precipitated by the global markets selling off during a long-term US-China trade war, widening as tensions rise.