ASX 200 (Australian Stock Index – AUS200) As suggested in our last indices analysis, price found support around 6371 and has since been bullish. The AUS200 is up-trending and is currently in a retrace phase. The moving averages are bullish and steady, signalling that the upside momentum could …
ASX 200 (Australian Stock Index – AUS200) As suggested in our last indices analysis, the ASX has been reversing off the horizontal levels at 6210 and 6371. Price has been bullish and has swung much higher. The moving averages have crossed bullish and are steady, signalling that the …
ASX 200 (Australian Stock Index – AUS200) The ASX has recently broken the bearish trend resistance and has since been retracing the recent sell-off. The moving averages are starting to tighten and are moving sideways, suggesting market indecision. Price action is moving between a number of horizontal support …