Tuesday, 16 June 2015

ASX 200 testing trend channel support drawn from key lows in 2012 and 2014

ASX 200 is testing trend channel support. If the Elliott Wave count is correct, and the bigger picture count presented last week is correct, then support will be broken in coming months, perhaps even coming days. 

S&P 500, NASDAQ 100 futures testing trend line support



Hang Seng tumbles lower from re-test of Head & Shoulders neckline, 60%+ decline beginning?

Daily chart shows the Hang Seng tumbling lower from a Head & Shoulders top.

Weekly chart Elliott Wave count suggests that a 60%+ decline could have begun.

EURO STOXX 50 testing daily & monthly chart trend channel supports

Daily chart

Monthly, far more important