Index

S&P-ASX 200 may rise to 8150.00 - 8330.00

2024-09-13

Pivot

7840.00

Our preference

Long positions above 7840.00 with targets at 8150.00 & 8330.00 in extension.

Alternative scenario

Below 7840.00 look for further downside with 7640.00 & 7495.00 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

8550.00 *

8330.00 ***

8150.00 ***

8097.00 Last

7840.00 ***

7640.00 ***

7495.00 **

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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