XJO s&p/asx 200
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Weekend Charts and Chat. 1/2 August, page-7

  1. ChaseTrdr
    2,941 Posts.
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    01/08/20
    18:34
    Post #: 46239532
    DAX Daily Channel Break - YIKES.
    https://hotcopper.com.au/data/attachments/2343/2343624-0c3123316ce93dddd365f6c23d361144.jpg

    FTSE channel break and multiple candle rejections near the 6350 resistance region. Daily looks weak.
    https://hotcopper.com.au/data/attachments/2343/2343627-dd051c6bb21151db15c85d8c94771c14.jpg

    A200 CASH - channel break and strong resistance @ 6200 - weak daily prioce action since 03/07/2020
    https://hotcopper.com.au/data/attachments/2343/2343630-8e0719367c52f3a83b9540c4af752038.jpg

    NASDAQ - also has a diamond formation on daily, and that last candle (doji) scares the hell out of me. BIG YIKES. However, still within the channel and approaching a key resistance area. A break of channel is needed for any bearishness.
    https://hotcopper.com.au/data/attachments/2343/2343641-7d2dc561dfb1f4aa0de8af9d71488335.jpg

    https://hotcopper.com.au/data/attachments/2343/2343638-cbeb6128f6aebe05e10f03940fc0d72f.jpg
    XJO Value at posting: 5,927.8
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