isn't it funny when data comes out while technicals provide same story at the same time.
Job numbers came out today and the market didn't like it while hitting the 200 day moving average as resistance
This is the 3rd time since june the ASX has been weighing down by the 200 day MA.
The following time frames show similiar structure
2, 3 days
The 5 day (1week) shows we have popped over it, but will see tomorrow 1 and 2 hour showing still more downtrend.
Job numbers came out today and the market didn't like it while hitting the 200 day moving average as resistance
This is the 3rd time since june the ASX has been weighing down by the 200 day MA.
The following time frames show similiar structure
2, 3 days
The 5 day (1week) shows we have popped over it, but will see tomorrow 1 and 2 hour showing still more downtrend.