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AU200 Short-Med Term Outlook
Australia 200
Short
AU200 Short-Med Term Outlook
By BlueHatInvestor
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Aug 20, 2023
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Cheer
Cheer
Aug 20, 2023
Anticipating short-term bounce to fill gaps, re-test 23.6% Fib zone & create opportunities for Short positions.
Selling 'should' re-commence in September to test lower range re: parallel channel, in-line with Market Seasonality.
Over-extension into Golden Fib Range could signal warning of more extreme market capitulation (~6400).
Depends on break-outs either side of current indecision candle/price action, TBC.
ASX
asx200
asx200short
Fundamental Analysis
Technical Indicators
seasonality-trading
Trend Analysis
S&P/ASX 200
BlueHatInvestor
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