In the long term, I believe the AU200 will increase whereas the correlation of the stock market between &nbsp;Australian and the US will become vague during the end of 2019. &nbsp;Anything might happen and AU200 always responses a little bit later than other indices. Consider that there is no significant data that can affect AU200 a lot, it is a safe strategy to buy limit at the top of a short gap(6748.7) and once it breakthrough the gap I will close the trade immediately. MACD also signals a reversal sooner or later.
Buy limit at 6753.5
T/P:6897.6
S/P:6638.2

A safe strategy to buy limit AU200

Dec 01 2020