ASX 200 Technical Analysis - Thursday, July 1

  • S&P/ASX 200 Technical Analysis Overview: The Wave iv) corrective pattern appears to still be in play until late Thursday.
  • ASX 200 Technical Analysis: CBA has retraced to its 38.2% as Wave iv) this will support the ASX200 and with a move higher in due course.
  • Trading Levels: ASX200 support 7250 and 7200
  • ASX200 Elliott Wave: Wave iv) still in progress, being dominated by the finance sector which we can see in CBA Wave iv) pattern
  • ASX200 Trading Strategy: Long abov 7300

Video Length: 00:43:48

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