ASX 200 Technical Analysis - Thursday, July 29


 

  • ASX200, CBA, ANZ, BHP, RIO, FMG, IRON ORE, COPPER, CRUDE, AUDUSD GOLD DXY Technical Analysis Elliott Wave 
  • ASX 200 (XJO) Technical Analysis: Most global indices are in the same intraday Elliott wave count, that is, we are looking for the top of Wave (i).
  • For the ASX200 the Wave (i) can be in place or one more small high, however, we are looking for an abc corrective pattern back below the 7400
  • Trading Levels: ASX200, Classic trading levels pattern across 7400 is helpful as the next long trade set up
  • ASX200 Elliott Wave:(ii) of v) of 5 of (3)
  • ASX200 Trading Strategy: Buy Wave (ii) correction, see 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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