Risk Management - TD Red 9 (Sell Signal) 2 Day Chart ASX200 $XJO
Updated
The TD Sequential indicator is showing a red TD 9 (Sell Signal) and the RSI is showing the market is overbought and is due for a pullback.
This is a healthy pullback, as long as ASX200 can stay above 5700 (5800* even better), I am expecting ASX200 to break out and keep going higher 6200+.
This is a healthy pullback, as long as ASX200 can stay above 5700 (5800* even better), I am expecting ASX200 to break out and keep going higher 6200+.
Note
Green TD 9*Note
Made a mistake with the wording here. *A Green TD 9 is a sell signal, red TD 9 is a buy signal.
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