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ASX200 Index CFD Analysis
Time Frame : 4 Hourly Chart
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Watch for Sell Entry Setup
A Sell opportunity is back on the cards for the ASX200 Index CFD as price breaks down to start a new month. It seems that the move up off the lows in April was window dressing and prices are now falling apart to catch bulls off guard. We expect to see a move lower but the setup has yet to play out. Watching for a lower high after a break down towards 5300 (Refer to the chart).
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Index : ASX200 Index CFD
Current Price : 5355
Status : On watch for a break down through 5300
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