How low will it drop? ASX 200 looking bearishMacro risks ahead, high inflation, rising rates and slowing economic growth. Portfolio allocations and cash will be vital in the next 12 months ahead.
AUS200 trade ideas
au200audi think au200 index will rise soon and continue rising up in the futur let's wait and see what happens
AU200AUD High-risk Initial LongAU200AUD High Risk Initial Long. Targets and SL on chart. 10-20X leverage. Move SL on every TP.
RBA hikes rate by 50bp and turns hawkish amid soaring inflationRBA has announced the biggest single hike in the cash rate since 2000. Inflation in Australia has increased significantly and is expected to increase further. RBA wants to combat inflation before it gets out of control.
RBA expects to take further steps in the process of normalizing monetary policies over the months ahead.
ASX fell sharply, more than 1.5% decline, after the unexpected news as only 3 out of 29 economists predicted 50bp rise. Economists now expect today’s hike is a start of a series of aggressive rate hikes over the rest of this year, which will push borrowing costs higher across the economy.
Potential Bullish Momentum On the H4, with price moving above the ichimoku cloud and within the ascending trenddline, we have a bullish bias that price will rise from the buy entry at 7154.3 in line with the 61.8% fibonacci projection to the take profit at 7366 in line with the overlap resistance level and -27.2% fibonacci expansion. Alternatively, price may drop from the buy entry to the stop loss at 6996.2 in line with the swing low.
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AU200 2nd JUNE 2022Australian shares are expected to start the day lower tracking overnight losses on Wall Street. Energy crisis statement just released. Queensland businesses are calling for a state government rebate to offset surging power bills.
AU200 H4 Breakout
XJO - June Historical Performance is Consistent with RandomOver the past 22-years, the historical performance of the S&P ASX 200 Index for the month of June is more noise than signal & consistent with random. However, in each of the past 4-years, the month of June delivered a gain of over 2%.
Disclaimer: This data is not financial advice. Past performance is not a guide to future performance and may not be repeated. Past performance does not diminish the 'risk' expectancy of any strategy. By its very nature ‘risk’ means you could and most likely will experience losses. No representation or warranty is given as to the accuracy or completeness of any information provided. Data is for educational and informational purposes only.
XJO - Google search for the term "Bear Market" has halvedAccording to Google Trends, with regard to Australia, the interest in the search term "Bear Market" has approximately halved from the recent relative 1-year peak of 100 to just under 50. What does this portend for the S&P ASX 200 Index looking forward?
Disclaimer: This data is not financial advice. Past performance is not a guide to future performance and may not be repeated. Past performance does not diminish the risk expectancy of any strategy. By its very nature ‘risk’ means you could and most likely will experience losses. No representation or warranty is given as to the accuracy or completeness of any information provided. Data is for educational and informational purposes only.
S&P ASX 200 Index - Upside Tendency following 4 Down WeeksS&P ASX 200 Index has fallen for the 4th consecutive week. Since 2000, following 4 consecutive down weeks, the XJO had a tendency to reverse course, posting an average 20-day gain of 2.6% with a win rate of 18 from 24.
Disclaimer: This data is not financial advice. Past performance is not a guide to future performance and may not be repeated. Past performance does not diminish the risk expectancy of any strategy. By its very nature ‘risk’ means you could and most likely will experience losses. No representation or warranty is given as to the accuracy or completeness of any information provided. Data is for educational and informational purposes only.
ASX200 support remains from 6910Hi all, this morning, it's hard not to notice 6910 support on the ASX200 daily chart. Sellers once again breached the level but have again been unable to hold the break with buying developing in today's cash session.
We see this level as key support as it has held firm since April 2021. Green circles show the amount of times sellers have been unable to break the level since April. Interestingly, we've seen four moves higher after a level test. Today's idea is not a buy or a sell, it's more of a heads up.
We will be watching this level to see if any further ideas develop.
XJO - Wyckoff Distribution My first go at doing at mapping out a Wyckoff distribution on an index. Was a bit tricky for me as couldn't find a really obvious end to phase A as the automatic reaction wasn't aligned with subsequent sign of weakness lows. Feedback welcome. Let me know what you think.
XJOHalfback rally for our index. Relief rally. All things considered, Monday should be a down day after most stocks on the NYSE took a beating.
AUS200 Forecast 25 April 2022I don’t really like Mondays in trading. Will the market continue Friday bearish move? Or consolitate and try to go up to 20EMA?
Based on technical analisys and indicators on 4hrs chart AUS200 is oversold, 50 EMA is holding a support, on the daily chart the market has room to go lower towards trent line to 7200 area.
Does it happen tomorrow? Don’t think so. Tomorrow is Bank Holiday in Australia and I don’t expect big movement either way. Momentum is definitely towards downside but these days anything can happen and markets often are unpredictable.
It’s not a trading advice, trade safe!
How does it look, well this is howThat's 4x top on 3M timeframe.
Correction to VPVR, -20%.
Good luck.
Possible top near all time high on XJOLooking weak near all time high level. Coincides with last quarters R1 pivot. Divergence on Stochastic shows weakness. No volume on this index, but the facsimile ASX200 CFD shows volume decreasing. If you're long on any Australian stocks, think about taking at least partial profit.
AUS200 as expected is trying to break the 7620 resistanceToday AUS200 tried to break a stong resistance at 7620. The market is not ready to drop just yet. It could be here for a while, possibly trying to go up once again to 7595- I doubt it will go higher than 7620.
The momentum is still there. On Monday is holiday in Australia and we expect some inflation news next week that might affect the market.
I am planning to open sell position around 7600, waiting for confirmation.
This is only my analysis, not a trading advice. Trade carefully
AUS200 - Bullish StrategyAccording to chart analysis, We can see a bullish trend and a double bottom but there is a resistance that needs to be broken, and make sure to ride the trend because there is a bearish divergence on RSI.
Plan A: Long
Entry: 7613.3 (Current)
SL: 7524.6
TP: 7755.6
Plan B: Long
Entry: 7663.4
SL: 7561.4
TP: 7904.3
AUS200 up or downAUS200 is kind of interesting to watch. We reached 7606 resistance, if we break it, we go to 7648. We def have enough momentum to go higher, inflations is a big problem, recession is about to start but it can take few months. We’re also in April- one of the most bulish month.
I don’t recommend to follow it but behind saying ‘sell in May and go away’ is a lot of truth. I think, and it’s only my opinion, it’s something that is happening right now.
I’m getting ready to open sell position next week- I expect market to try break the resistance at least once.
Please trade carefully.
AU200 will follow SPY, shortShorting AU200 until it stabilizes on past resistance.
I believe this will be quick, given how fast has SPX sunk.
AUS200price clear off the liquidity, and make a rejection on the lower time frame from the quasidomo level , i expect price to drop to the LOWE LOW of the structure which serve as the target
XJO If today's close ends up below the last candle, we have a situation where this index will turn bearish for a while. We hit R2 pivot level from last month, which is also near Quarterly Pivot
ASX BUY ::::: 8000.000000000000000000000000May you profit We profit and everyone profits.
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