Wednesday, 24 February 2016

ASX 200 again trading below trend line drawn from 2009 & 2011 lows

KEY monthly close coming up for the ASX 200. A close below the illustrated trend line will open the door for a cascade decline as per 2008. Monthly chart, includes all sessions trade.

S&P 500 reversing lower at multiple trend line resistances?

Daily chart. ? in title as I think this turn lower is not definitive until the market gets under 1900/1890.

Weekly. Both charts include all sessions trade.