ASX AU200 ~ Nov-Dec Snapshot (4H Intraday)

By BlueHatInvestor
Updated
AU200 chart mapping/analysis for last week of November.

TBC further details/write-up via ideas section, cheers.
Comment
ASX AU200 Write-up (29th Nov)
  • Price action bumping against upper range descending parallel (white) while holding ~6980 support - could be flat-bottom pattern in development? TBC.
  • So many moving parts (RBA, US markets, China/Iron Ore/Copper) makes punting on ASX an absolute b*tch.
  • Set alerts at key levels, wait for break in either direction + bull/bear game plan when the move happens.

DYOR.
ASXAUSTRALIA 200AUS200CFDcfdtradingchartanalysisFibonacciparallelchannelsSupport and ResistanceTechnical AnalysisTrend AnalysisS&P/ASX 200
BlueHatInvestor

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