I have a method.
Pretty much a progressive inverted dip-buying.
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1. Divide trading funds into about 4 lots.
2. Buy around the peak of a strong up-day.
3. If it goes up significantly again... do it again.
4. Sell on a solid drop.
5. If it still goes up again, buy more.
6. Rinse.
7. Repeat.
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I pay attention to resistance and support levels,
and STOCHRSI level (0 oversold to 100 overbought).
Investing.com is handy:
https://au.investing.com/indices/aus-200-technical.
So for instance today I placed a sell order @ $7.99,
having calculated that would be about where the 20 day EMA would line up, as support.
ASX200 actually went a little lower than that, but then came back up.
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But if you're looking to simply buy, hold and ride it down...
the ASX200 is technically holding an uptrend (just) with 6116, sitting above 20 EMA @ 6094.
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So it's still anyone's game...
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