Sunday, 25 October 2015

ASX 200 near key trend line resistance

Monthly chart first. No reason yet to change the bearish Elliott Wave count, as even with last week's rally, the ASX 200 and global markets have merely reached points where they are testing or near key resistance. I posted charts earlier today for the S&P 500, Hang Seng, Nikkei, and the EURO STOXX 50 index. All charts include all sessions trade.



Weekly chart shows ASX 200 trading near trend line resistance.



Daily chart shows ASX 200 trading near trend line resistance.


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