SIGNAL TERMINATION – S&P/ASX 200 SHORT – TAKE PROFIT
The analysis of the decrease in the price of the Australian stock index published yesterday paid off. It paid about 30% appreciation per day !!! Today, analysts are leaving this index for now. However, it is possible that they will return to this stock index in the afternoon.
ORIGINAL TEXT: S&P/ASX 200 Short. The correction of stock indices does not only apply to American or European markets, but also to the rest of the world. Australian stock index S & P / ASX 200 (Australia 200), which, compared to its big brothers, experiences short-term declines much more often, is not an exception. Although corrections are usually technically limited by support around the rate of 5750 points, the market still brings an interesting short-term alternative investment for reduction of the value of this index.
Chart source: WebTrader