XJO ASX 200 - Taking a breather at 6000

Updated
XJO ASX 200 - Taking a breather at 6000 -

  • Top of trend channel
  • Rejecting 200 SMA
  • Hitting 61.8 Fib retracement level
  • Indicators looking to start turning down towards cycle low


Note
Yep - rejecting the 200 SMA, healthy but pause of the trend, cycle indicator says bit more of a pullback to come.
ASXasx200australiaChart PatternscycleTechnical IndicatorstrendTrend AnalysisS&P/ASX 200

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