ASX to find sellers at market price?ASX200 - 24h expiry
Indecisive price action has resulted in sideways congestion on the intraday chart.
Pivot resistance is at 8225.
We expect a reversal in this move.
Risk/Reward would be poor to call a sell from current levels.
A move through 8175 will confirm the bearish momentum.
Our profit targets will be 8150 and 8125
We look to Sell at 8225 (stop at 8265)
Resistance: 8200 / 8225 / 8250
Support: 8175 / 8150 / 8125
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