S&P/ASX 200 (^AXJO) Technical Analysis - Tuesday, Oct. 5

  • ASX 200 Index Overview: Bullish corrective pattern Wave (4)
  • Trading Levels: Currently in Minor Group 1 7300|7200|7100
  • ASX200 Trading Strategy: Neutral

Commodities

  • Copper Elliott Wave Wave (b) of c) of B of (4)
  • Iron Ore finding support 650 low in place?
  • US Spot Gold Elliott Wave has broken support, but still in the larger Elliott wave triangle pattern, move lower 1700 - 1720

Australian Stocks

  • Finance and Bank: Short
  • BHP RIO FMG lows are not in place yet. 
  • STO OSH WPL, Impulsing higher

Video Length: 00:38:30

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