SPI CFD 4285 TradingLevels: Generally speaking, the price above 4300 is bias long, under 4272 SG2 as retested resistance bias short Elliott Wave: Still considering the pattern at 4300 bullish corrective and should find support back above 4300 and move higher. That said if the last low is taken out 4260 then either a larger correction is unfolding that would take the price back closer to 4000 or the bear market is resuming. So basically its important for the bullish positive picture for the price to stay above the last low, even the SG2 4272 Trading Strategy: Bias long above 4300 and short below 4272 as resistance 11:30am AUD Unemployment Rate 5.2% 5.2%
Code: SPI CFD / ASX200 XJO Date: 13 February Chart 4 hour Chart The move down from 4300 is not completed and the 4200 to 4150 can be tested. The Day Ahead Report Comments: SPI CFD 4230 Technical Analysis TradingLevels: The current low is on trend line support, there is support in the 4200 region. And whilst the 4200 holds then the market is positive. The 4200 as resistance bring the market into the 4000 the MediumLevel support, but the price down at 4000 creates a corrective pattern for further downside. So the 4200 is important, we could see a spike below 4200 to 4150 but the price would need to regain support above the 4200 quickly for the market to remain positive Elliott Wave: It’s just one corrective pattern after the next, but what this is tell us is that because it is corrective it will eventually break to the upside Day Trading: Trendline support on 4230. The price is in Subgroup1 4230|4220|4210 so the price is going to bounce around a lot, even retest 4250 the Midpoint. Be very careful if your day trading in these numbers.
ASX SPI Trading
SPI CFD 4292 TradingLevels: The ASX200 has a daily Switch set up for the long side 4322 Day Trading: There are degrees of support stepping up, the 4200, 4250, 4272, 4300, 4330, 4350, 4372, 4400 if going long you need to know which support your working from and what the next target is. I can see the ASX200 going higher as mentioned many times but I just couldn’t see the catalyst for it. Any way finding support on 4300 is the next step and its probably the banks like CBA on 50 TL5 that will help with the lead up , as its is the back that lead out from a bear market, plus the metals are not up that much, I would expect the CRB Index to bounce off 300 and Copper to lift off its current lows.
Code: SPI CFD Date: 17 April SPI CFD 4300 TradingLevels: 4300 is the line in the sand Day Trading: Long with support on 4310. Any move under 4300 would see choppy price action between 4280 and 4300, only 4272 as the resistance can we look at short trades. The Dow and SP500 have bearish short term structures. Best keep an eye on the US Futures today.
Code: SPI CFD Date: 16 April SPI CFD 4292 TradingLevels: A move under SG2 4272 is a degree of weakness and a move under 4250 would create an impulse wave down creating further weakness. A move above 4300 creates a positive bias Directional Analysis; The Asian region still has more upside as does the ASX200, however the ASX200 may be influenced from a weaker US market for Monday and Tuesday.
Register
{#foreach $T.Years as year} <div class="year"> <div class="year_header"> <span>{$T.year.Year}</span> </div> <div class="year_months"> {#foreach $T.year.Months as month} <div class="month"> <a href="{$T.month.Url}" year="{$T.year.Year}" month="{$T.month.MonthN}">{$T.month.MonthName}</a> </div> {#/for} </div> </div> {#/for}
{#if $T.length == 0 && $P.root} <div class="no_cats"> <span>No Categories</span> </div> {#else} <ul class="cat_list" catId="{$P.parentId}"> {#foreach $T as cat} <li class="cat_item" order="{$T.cat.Order}" catId="{$T.cat.Id}"> {#if $P.select} <input class="cat_select" id="cat_cb_{$T.cat.Id}" name="cat_cb_{$T.cat.Id}" catId="{$T.cat.Id}" type="checkbox" /> <label for="cat_cb_{$T.cat.Id}">{$T.cat.Name}</label> {#else} <a href="{$T.cat.Url}" cat="{$T.cat.Name}" class='cat_link'>{$T.cat.Name}</a> {#/if} {#if $P.edit} <div class="cat_delete"> <a href="#" class="cmd_try_delete"><span>Delete</span></a> </div> <div class="cat_delete_confirm"> <span>Are you sure?</span> <a href="#" catId="{$T.cat.Id}" class="cmd_delete">Yes</a> <a href="#" class="cmd_delete_cancel">Cancel</a> </div> {#/if} {#if $P.edit && !$P.isRootBlog} <div class="cat_move"> <a href="#"><span>Move</span></a> </div> {#/if} <div class="cat_childs" parentId="{$T.cat.Id}"></div> </li> {#/for} </ul> {#/if}
<span>Parent category:</span> <select class="cs_blog_categories_list_dropdown"> <option value="-1">--</option> {#foreach $T as cat} <option value="{$T.cat.Id}">{$T.cat.Name}</option> {#/for} </select>