Where Does ASX 200 Roller Coaster Lead?

During the last several months the ASX 200 was going sharply up and down by 200-400 figures in each direction. Unless you have an incredibly strong stomach, these swings could easily make you feel sick. Should we expect this “roller coaster” behavior to persist or the Australian stock index is finally going to find a direction?…

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A Big Bear Show Ahead for ASX 200?

It has been a while since we published our last update on the ASX 200 index, where we were expecting a wave (2) correction to the upside soon. We thought so, because there was a complete impulsive decline and the Elliott Wave Principle postulates, that every impulse is followed by a three-wave correction in the opposite…

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ASX 200 index confirms bearish reversal

The ASX 200 lost more than 350 figures during the last month. Should investors be worried or this is just another “buy-the-dip” opportunity? On July 25th we showed you a forecast of the ASX 200 index, where we assumed, that the Australian index is in the final stages of an ending diagonal. That is why…

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ASX 200, prepare for the worst

Those of you, who have checked our Education section, have probably seen the article about ending diagonals. It says, that this is a reversal pattern, occurring in the position of wave 5 or wave C. Elliott wrote, that ending diagonals are often followed by a “swift and sharp reversal”. Having all that in mind, take a…

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ASX 200. Australia, it is time.

The Australian ASX 200 took a hard hit during the 2007-2009 crash falling from 6852 to 3122. Currently in the vicinity of 5450, you may think that the worst has been left behind us. But is the recovery of ASX 200 real or fake? In order to answer this question we need to look at…

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