SIGNAL TERMINATED – AUSTRALIA200 – TAKE PROFIT
The Australia 200 Index is not currently holding a net slump and Capital Analysis is temporarily withdrawing from this trade with an analysis from 29.10.2020 with about 8% of the result from the investment margin on CFD contracts.
ORIGINAL TEXT: Australia200 Short. Today, the analysis of the decline in the price of the S & P / ASX 200 index was completed with a profit of 30%. After yesterday’s sale of, the market did not know where to go from the beginning, but it can be seen that not even today´s ECB meeting can ease the worries of European lockdown and its impact on the whole world, at least in terms of stock investment and financial spillovers. Capital Analysis adds another short analysis, but for security reasons they work with the STOP entry on a breakthrough. In the event of a break in the support level, the market could test values around the 5750 exchange rate first and then the 5250!
Graph source: WebTrader