#asx200

The ASX 200's sideways grind since mid-Q2 continues to drag on - although the final outcome should still be the same as it was a month earlier. Now with a second breach of the 23.6 Fib retracement during

The ASX 200's current bearish H&S pattern is all but completed - with a break below the 23.6Fib retracement imminent near 5660, to be followed soon after by breaks below recent lows at 5630 support

The ASX 200 is getting closer to completing its bearish H&S pattern, with a broad right-shoulder developing clearly under distribution. Weekly momentum remains increasingly bearish with supports at

The recent changes in chart momentum are warning of potential Bear Market conditions ahead for the ASX 200. You don't need to wait for a -20% fall to confirm Bear Market conditions as by then, the first

The ASX 200 closed the week lower near the midpoint of the 5705 - 5725 S/R area on TL support. It appears the die has been cast with bullish decreasing weekly momentum on the verge of turning increasingly

The ASX 200 closed the week on support, for its lowest weekly close since late-January, and appears likely to fall further from here. Weekly momentum remains bullish decreasing at its fastest rate since

The ASX 200 continues to strongly underperform other global markets. Unlike its bullish international counterparts, the perennial underperformer appears on the verge of a breakdown to the 5570 - 5610 S/R