$ASX200 Australia Market October Monthly iMTF™ Market Update

$ASX200 Australia Market October Monthly iMTF™ Market Update October Monthly iMTF™ Market Update.

The Australia Market started a bullish trend November 2016.    Recently, it has been going through a major pull back.  The pull back resistance is 5767.50 with a major support of 5503.20.

The problem with the major pull back is that is a consolidation pattern.  It is not “sharp”.   This means it is ugly” with no good reward/risk trades on lower time frames.

Below is the weekly chart provided by eSignal.

 

 

Below is the

Trade Opportunities

Here is a list of India stocks that are completely bullish.   The list has gotten bigger.

Here is a list of India stocks that are completely bearish.  The list is going smaller

 

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About the Author Manesh Patel