Australian Stocks And Index ASX 200 Technical Analysis

Elliott Wave Analyst - tradinglounge • Oct 28, 2021 at 12:01 AM EDT

Trade to 7400 then look for a tested support on this level for the next move higher.

Australian stocks and Index ASX 200 Technical Analysis Elliott Wave Trading Strategies
ASX200 Overview: Thursday bearish and Friday bullish

ASX 200 Index Overview: Bullish Impulse pattern Wave (5)
ASX200 Elliott Wave iv) of 3 of (5)
ASX200 Trading Strategy: trade to 7400 then look for a tested support on this level for the next move higher

Australian Stocks Elliott wave counts and notes:

CBA: Elliott Wave (iii) of iii) Risk On
ANZ: Elliott Wave (iii) of iii) Risk On
BHP: Can break lower
FMG: Can break in to new lows
WPL: Elliott Wave iv) Risk On
STO: Elliott Wave iv) Risk On
NCM: Elliott Wave (b) of ii)

Video Chapters

00:00 ASX200
05:32 CBA
06:32 ANZ
07:26 BHP NYSE & ASX
11:02 FMG
12:34 NCM
19:06 WPL
19:40 STO
20:33 Thanks for watching TradingLounge Analysis

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