TradeTheStructure

ASX200 up at highs as bulls keep the momentum going

ASX:XJO   Índice S&P/ASX 200
It seems that the ASX bulls are feeling left out as the US pushes to all time highs. Price is hovering just below the 6200 zone and continues to hold higher lows suggesting that a move up through the level is on the cards in the near term. If we see sellers start to get active up at current levels then watching for a lower high and move back down to clean out some weak buyers.

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