ASX200 Technical Analysis For Tuesday, March 16

ASX200, Copper, Iron Ore BHP, FMG, CBA, ANZ, AUDUSD, China Index Technical Analysis Elliott Wave

  • Overview: The ASX requires the 6800 as the tested support to confirm a trend into new highs. I also take a look at the long term Elliott Wave count for BHP and China A50 Index
  • ASX 200 Technical Analysis: 6700 is the market support and stops should go under this level
  • Trading Levels: Market Support is the Medium Level (ML65) 6500 with Resistance at Minor Level mTL8|6800
  • ASX200 Elliott Wave: Wave iv Elliott Wave Triangle completed is what I'm trying to figure out.
  • ASX200 Trading Strategy: Risk On. 

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