Hey BigDaddy,
That correlates well with where I see possible resistance on the asx200...4750 would be almost smack on the 200 day moving average and around the same area the 50% fib retracement levels from 4450 -> 5000.
Not my area of expertise but whilst on the topic of chart patterns we have what appears to be a bearish symmetrical triangle formation ... draw a downward trendline from the top of the high that started on the 12.04 and also draw an upward trendline beginning on the low of 19/4.
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Hey BigDaddy,That correlates well with where I see possible...
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