S&P/ASX 200 Index ASX:​XJO

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 ...

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 ...

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 ...

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 ...

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.

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

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 ...

Bit of nervousness around the market, but if you look at the longer term trend, if this was a stock and you were looking at a 1D type chart you would probably think now is a good time to buy as its at a support level representing value. Depends if it bounces off it over the next month, or breaks through it and keeps going down :)

The S&P/ASX200 is an index that represents the 200 top stocks based on their weighted market capital in the Australian stock market "Australian Securities Exchange". The index represents 72% of the total market value of all the stocks traded in the Australian Securities Exchange. The trading hours for the ASX 200 index takes place from 10:00 a.m. to 4:00 p.m. ...

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 ...