The ASX 200 is testing its new support level at 4400/4450. Reversal below 4400 would warn of a test of primary support at 4000. A 13-week Twiggs Money Flow trough above zero, however, would indicate strong buying pressure. Respect of support and follow-through above 4600 would signal an advance to 4900*.
* Target calculation: 4450 + ( 4450 – 4000 ) = 4900