ASX 200 Viral Attack

The ASX200 has been in freefall in 2020 with the rise of the Global Pandemic. The recent price bounce is off an area of support, and coincides with the US Presidents remarks on being back up and running by Easter 2020. Good luck with that.

Price will rise (on this announcement) , but resistance may be felt at the prior swing low.

Look to short this market, as Australia is still in the middle of this viral pickle, with lockdown measures escalating by the day.

Enter - 5500

Target - 3900

Stop - 6000

RR = 3.....