The ASX 200 is rallying strongly, led by US and Chinese markets. Breakout above 5650 would indicate an advance to 5750. Completion of another 13-week Twiggs Money Flow trough above zero would strengthen the signal. Reversal below the rising trendline is unlikely, but would warn of a test of primary support at 5050.
* Target calculation: 5550 + ( 5550 – 5350 ) = 5750
Retreat of the ASX 200 VIX below 12 indicates low risk typical of a bull market.
