Below is a weekly chart of the S&P/ASX 200.
The S&P/ASX 200 weekly chart currently appears more bullish than bearish with a higher-high and higher-low formed since rising out of a recent Bull flag. Perhaps it's in the process of forming a Baby bull flag and its fourth attempted BO above major TL resistance - from 2007, 2015 & 2017 - this year! This has got to be IT to remain bullish over the next several weeks otherwise, a bearish H&S pattern may form..
Weekly and monthly momentum remains bullish. Perhaps fourth times a charm..
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Below is a weekly chart of the S&P/ASX 200. The S&P/ASX 200...
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Last
7,955.6 |
Change
66.000(0.84%) |
Mkt cap ! n/a |
Open | High | Low |
7,889.6 | 7,969.1 | 7,889.0 |
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