ASX Weekly Chart Analysis .. .. The local market saw supply...

ASX Weekly Chart Analysis
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The local market saw supply (selling pressure) emerge this week.
Most sectors have not been too badly damaged at all, and could still easily recover.
If however there is ongoing supply drawn out next week, and there is further downside follow through in response.
It may cause some form of domino effect to develop, and see price continue lower, which may see some more serious technical damage to the market.
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cheers

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