ASX 200 Technical Analysis - Tradinglounge [VIDEO]

ASX200 CBA  BHP FMG IRON ORE COPPER AUDUSD  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 RIO as a Bullish and Bearish Elliott Wave count
  • 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. 

Video length 00:27:36


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 ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.