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ASX200 4H, could we see a new test of 6715?

Panjang
Australia 200 Cash (EIGHTCAP:ASX200)  
Eightcap Broker  
EIGHTCAP:ASX200   Australia 200 Cash
Trend Analysis Technical Indicators Chart Patterns cfdtrading indextrading sharemarket sharetrading Indices obvoscillator asx200 asx200long ASX
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trendanalysis indicator chartpattern cfdtrading indextrading sharemarket sharetrading indices obvoscillator asx200 asx200long asx
Happy Monday. Thanks for tuning in. Today we’re looking at the ASX200 as a few things point to buyer control. Since last Friday, we continue to watch the new fast uptrend remain in play. Buyers are also starting to break out of a wedge pattern, but we want to see if price can get back up to and break 6715.
A move up to and break of that level could start to tell us that a new short-term up trend is underway.

Thanks to all our subscribers and to the trading community for watching today’s update. We wish you good trading for the rest of the day.
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