ASX200 Index CFD Analysis

ASX200 Index CFD Analysis

Time Frame : 30 Min Chart

Watch for Weakness

The ASX200 is struggling today after yesterdays big move higher. We expect many traders may look to lock in some gains if the DOW rolls over today so we are watching the 5932 area to trigger some selling. If bulls are not finished as yet, then a break up through 6000 and a higher low will be on the cards. A waiting game for now but we favour some weakness into the action.

Index : ASX200 Index CFD

Current Price : 5968

Status : On watch for weakness