ASX 200 (^AXJO) Technical Analysis - Tuesday, Sept. 14

ASX 200 Index Overview: Under 7500 is bearish.

  • ASX 200 Index Overview: Under 7500 is bearish.
  • ASX200 Elliott Wave Triangle Wave iv) or c) of A of (4).
  • Trading Levels Minor Level (mTL5) 7500 is the closest largest number and its currently the resistance.
  • ASX200 Trading Strategy: Neutral.

Commodities

  • Copper Elliott Wave 2 bullish correction. 
  • Iron Ore to move lower.
  • US Spot Gold Elliott Wave B or 2.

Australian Stocks

  • Finance and Bank stocks to head higher.
  • Resource stocks BHP FMG to head low, as they still need to complete Elliott Wave v) of C of (4).

Video Length: 00:37:35
 

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