S&P/ASX 200 (^AXJO) Technical Analysis Elliott Wave Forecast and Trading

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2 years ago
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S&P/ASX 200 Index (^AXJO) Technical Analysis Elliott Wave Forecast. Plus $CBA $ANZ $BHP $RIO $FMG, IRON ORE, COPPER, CRUDE, AUDUSD, GOLD, DXY, NIFTY 50, CHINA A50.

ASX 200 Index Overview: No Change The ASX200 bullish trend to the end of August and being driven by the ASX finance sector has further highs to make, we will tie CBA wave count into the ASX200.

Australian Stocks:Current Long trades for CBA and ANZ. Resource stocks BHP RIO FMG etc trending lower

Trading Levels: ASX200 Classic Trading Levels pattern across 7600

ASX200 Elliott Wave: v of (iii) of v) of 5 of (3)

ASX:XJO Trade Ideas

ASX200 Trading Strategy:Holding long through the 7600 however expect a Classic Trading levels pattern across this level as Wave iv and now entering Wave v of (iii) of v) of 5 of (3)

Peter Mathers - TradingLounge

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#asx200 #analysis #elliott_wave

ASX200 Profile

The S&P/ASX200 index represents the 200 largest stocks on their weighted market capital in the Australian stock market "Australian Securities Exchange" (ASX). This ASX200 index represents 72% total market value of the stocks trading on the Australian Securities Exchange.

The Charts in this video are from a Contract For Difference (CFDs) perspective, meaning the data feed is partly from the ASX cash market and the SPI futures markets plus fair value as a CFD product for CFD Trading.

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Note: Historical trading results are no guarantee of future returns.

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TradingLounge™ uses a range of technical analysis tools, such as Elliott Wave, software and basic fundamental analysis as well as economic forecasts aimed at minimising the potential for loss.

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This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us,

consider the appropriateness of the advice in light of your own objectives, financial situation or needs.

Therefore, you should consult your financial advisor or accountant to determine whether trading in Indices Stocks shares Forex CFDs Options Spread Betting

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