After bouncing 3 times off market bias on good economic data in Australia and US, ASX200 has breached on hourly chart into consolidation within. Lower highs on BX trender showing bearish short-term outlook.
Zooming out to 4hr chart, ASX200 showing same bearish behaviour. Likely suspect we might test market bias around 8000 and then decide what to do after Wednesday's economic data release.
