ASX 200 Technical Analysis - Thursday, July 22

(Video length 00:31:06)

  • ASX200, CBA, ANZ, BHP, RIO, FMG, IRON ORE, COPPER, CRUDE, AUDUSD GOLD  NCM DXY STO WPL Technical Analysis Elliott Wave 
  • ASX 200 (XJO) Technical Analysis: Touch on 7400 then drop to 7300
  • Trading Levels: ASX200 Support 7200, next we need to see if 7300 becomes the support 7300 is the top of Minor Group 1 and is critical as support for a move higher. Testing of the 7300 has not yet occurred but is expected shortly.
  • ASX200 Elliott Wave: iv of (c) of iv) towards 7200
  • ASX200 Trading Strategy: A long trade set up for late Thursday or Friday morning see the video.

 

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 ...

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