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.
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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.