Elliott Wave Analysis: ASX200, Banks Resources Dollar

Australian markets are looking bullish, so today we take a look into the longer-term wave counts for resources and finance.

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Stock Market Investing Report S&P/ASX 200 XJO Elliott Wave Technical  Analysis Trading Levels, Forex AUDUSD, US Dollar DXY, Commonwealth Bank CBA, BHP Group (BHP), Rio Tinto (RIO), Fortescue Metals Group (FMG), Newcrest Mining NCM, Australian 2 Yr Government Bonds Yield.
 

Technical Analysis Trading Strategies

  • ASX200 Market Summary: Expect a corrective rally over the next few trading sessions
  • Elliott Wave Analysis: Wave a) of B
  • ASX200 Trading Strategy: Expect the market higher, but no strategy for the ASX200 as it's in an a) b) c) corrective pattern. We can look to short Wave C leg down later in the week.

Video Length: 00:41:41


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