ASX 200 Technical Analysis Forecast & Trading - Saturday, Oct. 2

By Peter Mathers of TradingLounge.com

Elliott Wave Analyst - tradinglounge • Oct 2, 2021 at 6:58 PM EDT

S&P/ASX 200 Elliott Wave forecast, plus trading BHP, Iron Ore, Copper, AUDUSD.

S&P/ASX 200 Index (^AXJO) Technical Analysis Elliott Wave Forecast.
Plus CBA ANZ BHP RIO FMG, IRON ORE, COPPER, CRUDE, AUDUSD, GOLD, SILVER, DXY, NIFTY 50, CHINA A50 Shanghai Composite SSEC.

ASX 200 Index Overview: Bullish corrective pattern Wave (4)
ASX200 Elliott Wave abc of (ii)
Trading Levels: A bounce of 7200
ASX200 Trading Strategy: Neutral

Commodities
Copper Elliott Wave Wave (b) of c) of B of (4)
Iron Ore finding support 650 low in place?
US Spot Gold Elliott Wave has broken support, but still in the larger Elliott wave triangle pattern, move lower 1700 - 1720

Australian Stocks
Finance and Bank: long on banks
Resource stocks Looking for support... see video

Video Chapters
ASX 200 (^AXJO) Technical Analysis Elliott Wave Trading
00:00 ASX200 Banks XXJ,CBA & ANZ Elliott Wave Analysis
11:31 Nifty 50 & China A 50 Shanghai Comp SSEC Elliott Wave Analysis
13:52 Commodities Iron Ore Copper Crude Gold Elliott Wave Analysis
28:17 AUDUSD & DXY Elliott Wave Analysis
31:30 ASX Resource Stocks NYSE BHP ASX BHP FMG Elliott Wave Analysis

Video length 00:41:00

Disclosure:

As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical trading results are no guarantee of future returns. Some investments are inherently more risky than others. At worst, you could lose your entire investment and more TradingLounge™ uses a range of technical analysis tools, such as Elliott Wave, software and basic fundamental analysis as well as economic forecasts aimed at minimising the potential for loss. The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership has been prepared without taking into account your particular objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk. The decision to trade and the method of trading is for you alone to decide, tradinglounge takes no responsibility whatsoever for your trading profits or losses. This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us, consider the appropriateness of the advice in light of your own objectives, financial situation or needs. Therefore, you should consult your financial advisor or accountant to determine whether trading in Indices Stocks shares Forex CFDs Options Spread Betting derivatives of any kind / products is appropriate for you in light of your financial trading circumstances.

STOCKS IN THIS ARTICLE

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