S&P/ASX 200 IndexShort
Possible top near all time high on XJO
Updated
Looking weak near all time high level. Coincides with last quarters R1 pivot. Divergence on Stochastic shows weakness. No volume on this index, but the facsimile ASX200 CFD shows volume decreasing. If you're long on any Australian stocks, think about taking at least partial profit.
Trade active
Very bearing price action following the U.S. Markets down. I would go to cash.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.