ASX Weekly Market Wrap: XJO, LYC, IMD, NST, APA & CHC in FocusASX Weekly Market Wrap: XJO, LYC, IMD, NST, APA & CHC in Focus
In this week’s market analysis, we break down key price movements and trends across the #ASX, with a close look at the XJO and standout stocks like Lynas Rare Earths (#LYC), Imdex (#IMD), Northern Star (#NST), APA Group (#APA), and Chart
About S&P/ASX Index
The S&P/ASX 200 index (also known as the XJO) is the main benchmark for the Australian equity market (replacing the venerable All Ords as the industry standard). The index is made up of 200 of the top stocks, which boast a total value of around $1.1 billion (end of March 2010).
ASX200 to find buyers at market price?AU200AUD - 24h expiry
Risk/reward is ample to call a sell trade.
Offers ample risk/reward to sell at the market.
Daily signals are bearish.
We are trading at oversold extremes.
20 1day EMA is at 7976.
We look to Sell at 7975 (stop at 8031)
Our profit targets will be 7815 and 7765
Resistanc
AUS200 - time to buyGood morning, everyone.
Last week, we correctly predicted the TRUMP TARIFF, which brought the market down. Then, after the announcement, there was a crazy pump back
Yesterday, we predicted the market would likely pull back toward this range.
This is the buy range: 7520-7500
Add more at 7480-76
Targ
Australia 200 Cash 15mts intraday trend analysis for April 04,Overall trend looks bearish for the day with a strong resistance at 7753. The Buy Signals is confirmed with SL at 7651. Any fall from resistance may take this index down to 7665 and 7622.
The Market Timing line is also bearish for the day.
ASX200 H4 | Potential bullish bounceASX200 (AUS200) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 7,994.30 which is an overlap support that aligns with the 23.6% Fibonacci retracement.
Stop loss is at 7,859.00 which is a level that lies underneath an overlap suppor
ASX to turnaround?AU200AUD - 24H EXPIRY
Price action has continued to trend strongly lower and has stalled at the previous support near 7750.
Price action looks to be forming a bottom.
Further upside is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 7900 will confirm the b
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
S&P/ASX Index reached its highest quote on Feb 14, 2025 — 8,638.24 AUD. See more data on the S&P/ASX Index chart.
The lowest ever quote of S&P/ASX Index is 1,358.50 AUD. It was reached on Nov 17, 1992. See more data on the S&P/ASX Index chart.
S&P/ASX Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy S&P/ASX Index futures or funds or invest in its components.