The ASX 200 fell sharply, headed for a test of its key support level at 4000. Low volume indicates weak support and downward breakout would signal a primary down-swing to 3500*.
* Target calculation: 4000 – ( 4500 – 4000 ) = 3500
The ASX 200 fell sharply, headed for a test of its key support level at 4000. Low volume indicates weak support and downward breakout would signal a primary down-swing to 3500*.
* Target calculation: 4000 – ( 4500 – 4000 ) = 3500