S&P/ASX IndexShort
Good Potential Short on AUS200!! with good Risk Reward
The AUS200 has broken above a previous resistance area and looks to be slowing down and should pull back to re-test that resistance area, thus giving a nice little short opportunity. Also the S&P500 appears to have bounced off a channel which also adds to the likelihood of the AUS200 retracing for a little while.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.