Aurum Markets Blog Technical Analysis ASX 225 short term bearish trade setup to 8491.7998

ASX 225 short term bearish trade setup to 8491.7998

ASX 225 short term bearish trade setup to 8491.7998 post thumbnail image

ASX 225 is en route to a very important line that will be a definite deciding factor of what is to come! We may see this trajectory continue to touch and break through 8491.7998, unless it runs out of momentum and pulls back to current levels.

Supported by Downward sloping Moving Average

Target: 8491.7998 Entry: 8542.7 Stop: 8564.388

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