ASX200 recovery under review
With two weeks left in August, the ASX200 is down 1.50% MTD after being down a hefty 5.7%.
The ASX200’s rebound from the 7600/7500 support area which includes the 200 day ma highlights its importance as the downside level to watch going forward. While the focus has switched to the topside, a retest of the 7600/7500 support area before year end is a strong possibility with an eye on the seasonally challenging month of September.
ASX futures closed 14 points (-0.18%) lower on Saturday morning at 7898, indicating the ASX200 cash will open lower at 7965.
The ASX200’s rebound from the 7600/7500 support area which includes the 200 day ma highlights its importance as the downside level to watch going forward. While the focus has switched to the topside, a retest of the 7600/7500 support area before year end is a strong possibility with an eye on the seasonally challenging month of September.
ASX futures closed 14 points (-0.18%) lower on Saturday morning at 7898, indicating the ASX200 cash will open lower at 7965.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.