Go Long ASX200 to 5726-5800. $XJO
If we can break the 50MA (yellow line) in the next few days, the next level of resistance is the red zone just below 5800.
However, I am no longer bullish if we fail to break 50MA and go below the 20MA (green line) or regression channel.
MA - Moving average.
However, I am no longer bullish if we fail to break 50MA and go below the 20MA (green line) or regression channel.
MA - Moving average.
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