XAO 0.25% 8,002.8 all ordinaries

Short Term Trading Week Starting: 1 Oct, page-18

  1. 1,371 Posts.
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    Daily Chart of ASX300

    Break out to the downside of Bearish Flag/Rising Wedge.
    A few support lines to break through first before momentum would likely increase.
    First major break down would be 6058, then next down to the 200MA.
    If 200MA breaks then expect the flag to play out down to around the 5940 area.

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    1 Hourly chart

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    Stops should be in place.
    Last edited by radx: 01/10/18
 
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