ASX 200 charts

ASX 200 Daily, July 27

Pleasingly trading support at 4120 held in spite of further concerns over Spanish debt levels earlier in the week. These concerns eased after the European Central Bank President Mario Draghi promised to rectify the problem. Bullish sentiment returned quickly with buyers in… Read More ›

ASX 200 DAILY, July 13

The first four days of this week reversed by 54.2% the impulsive move of the previous 2 weeks, but ended on a more positive note with candlestick evidence of possible trend reversal (Hirami and Tweezers Bottom). Reversal at this level with low at… Read More ›

Back to Square 1

The Australian ASX200 share index briefly broke above resistance, only to fall back today into its trading range. Short term moving averages had turned upwards, but this movement is stalling, whilst the longer term moving averages are still in decline…. Read More ›