Rising Peaks and Troughs clearly defining the long term trend of ASX 200,XJO. One may also use 45 degree trendlines, if they can construct it with the software.
Completed base and clear long term count with a bullish price objective as shown. This bullish objective/forecast is still in effect, until a new low lower than that of 4750 is registered by 53.2 points.
Will we get to the bullish price objective/forecast shown on the chart ? No one knows !
Completed base and clear long term count with a bullish price objective as shown. This bullish objective/forecast is still in effect, until a new low lower than that of 4750 is registered by 53.2 points.
Will we get to the bullish price objective/forecast shown on the chart ? No one knows !