S&P/ASX 200 (^AXJO) Technical Analysis - Thursday, Sept. 16

By Peter Mathers of TradingLounge.com

Elliott Wave Analyst - tradinglounge • Sep 16, 2021 at 6:13 AM EDT

ASX 200 Index Overview: Under 7400 is bearish.

ASX 200 Index Overview: Under 7400 is bearish
ASX200 Elliott Wave Triangle Wave iv) or c) of A of (4)
Trading Levels Minor Level (mTL5) 7500 is the closest largest number and it's currently the resistance.
ASX200 Trading Strategy: Long

Commodities

Copper Elliott Wave 2 or B.
Iron Ore to move lower
US Spot Gold Elliott Wave c) of B Triangle

Australian Stocks

Finance and Bank Neutral
Resource stocks BHP, FMG, to head low, as they still need to complete Elliott Wave v) of C of (4)

Video Length: 00:42:17

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