Australia’s ASX 200 index is struggling to break medium-term resistance at 4300. 63-Day Twiggs Momentum continues to indicate a primary down-trend (breach of its rising trendline would strengthen the signal). Failure of support at 4180 would warn of another test of primary support at 4000.
* Target calculation: 4300 + ( 4300 – 4200 ) = 4400