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Numlocka

XJO ASX 200 - Taking a breather at 6000

S&P/ASX 200 Index (ASX:XJO)  
Numlocka Updated   
ASX:XJO   S&P/ASX 200 Index
Trend Analysis Chart Patterns Technical Indicators S&P/ASX 200 ASX trend australia asx200 cycle
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trendanalysis chartpattern indicator xjo asx trend australia asx200 cycle
XJO ASX 200 - Taking a breather at 6000 -

  • Top of trend channel
  • Rejecting 200 SMA
  • Hitting 61.8 Fib retracement level
  • Indicators looking to start turning down towards cycle low

Comment:
Yep - rejecting the 200 SMA, healthy but pause of the trend, cycle indicator says bit more of a pullback to come.
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