ASX200 4H, could we see a new test of 6715?

2022년 7월 18일

Happy Monday. Thanks for tuning in. Today we’re looking at the ASX200 as a few things point to buyer control. Since last Friday, we continue to watch the new fast uptrend remain in play. Buyers are also starting to break out of a wedge pattern, but we want to see if price can get back up to and break 6715.
A move up to and break of that level could start to tell us that a new short-term up trend is underway.

Thanks to all our subscribers and to the trading community for watching today’s update. We wish you good trading for the rest of the day.