4 areas of support beneath the ASX200, with several tests of price.

Price has been in a range between 6860 and 6650 since the last weeks of February.

It is technically stil l in an ongoing uptrend on inspection of longer term charts, and has still not reached its  pre pandemic high unlike the majority of other indexes.

The 2 main areas of support that I see below price are 6569 and 6650.

i have set my stop to be in between both, to give the 6650 a little room. but should price fall below that I will have to revaluate my position.

AUS200 Long

Mar 08 2021

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