S&P/ASX 200 Elliott Wave Forecast & Trading

Finance and resources stocks are heading lower, that said the resources stocks are in their final stages of completion (2 weeks) whereas the finance sector stocks are just starting their decline into Intermediate Wave (4).

(Video length 00:19:09)

  • Australian Stocks: Finance and resources stocks are heading lower, that said the resources stocks are in their final stages of completion (2 weeks) whereas the finance sector stocks are just starting their decline into Intermediate Wave (4)
  • Trading Levels: Minor Level 5; 7,500 as the market support
  • ASX200 Elliott Wave: Working to counts
  • ASX200 Trading Strategy: Trading Long off the 7,500 support with the stop loss under the 7500

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