XJO 0.36% 6,707.0 s&p/asx 200

sp asx 200 : critical point at 569

  1. 1,248 Posts.
    Australia S&P /ASX 200 : Critical Point at 5694

    Monthly Cycle Pivot Centers : 5588 - 5650 - 5803
     Normal Lower Limits : 4700 - 4800 - 5023
    Normal Upper Limits : 6476 - 6500 - 6584

    Weekly Cycle Pivot Centers : (5608) - (5623) - (5694)
     Normal Lower Limits : 5238 - 5279 - 5407
    Normal Upper Limits : 5936 - 5981 - 6007

    Weekly Cycle Projected Series : ... 5407 - 5455 - 5503 - 5527 // 5551* - 5575 - 5599 - 5622 - 5646* - 5670 - [5694] - 5718 - 5742* - 5766 - 5790 - 5813 - 5837* // 5861 - 5885 - 5933* - 5981 ...
    Weekly Cycle Congested Area : (5203 - 5366 - 5530 - 5694 - 5858 - 6022 - 6185)

    Remarks : As shown in the weekly cycle projected series the market is under pressure when it is below the weekly cycle pivot center at [5694]. The market is now consolidating between 5646* - 5742* for the time being. Speculative buying interest will increase when the market is able to trade above [5694].

    Directional Indicator : 5276* - [5557] - 5588 - 5591* - (5608) - (5623) - 5650 - (5694) - 5803 - [5908] - [6479] - 6670*
    Significant Supporting Levels are 5276* - [5557] - 5588

    ASX 200 : Monthly Cycle Charts
    http://www.qindex.com/axjo.html
    Albert Cheung (Ph.D.)


 
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