The price of AUS200 is above the Ichimoku cloud signifying that it is still BULLISH. However, it is also clear that the price is still consolidating. As a trader, I will be patient and await a signal when the market shows that it is trending.
 
As an investor, I can use the AUS200 as a hedge against a fall in the price of my investment portfolio.
 
The AUS200 is a valuable instrument for both traders and investors.
 
Always be aware of RISK.
 
My wish for you is to trade and invest with complete confidence!

Still Consolidating

Dec 01 2020

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