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AUS200 as expected is trying to break the 7620 resistance

Indeks S&P/ASX (FX:AUS200)  
Trinnisia_Trades  
FX:AUS200   Indeks S&P/ASX
Moving Averages Chart Patterns Trend Analysis AUS200 aus200short
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movingaverage chartpattern trendanalysis aus200 aus200short
Today AUS200 tried to break a stong resistance at 7620. The market is not ready to drop just yet. It could be here for a while, possibly trying to go up once again to 7595- I doubt it will go higher than 7620.
The momentum is still there. On Monday is holiday in Australia and we expect some inflation news next week that might affect the market.
I am planning to open sell position around 7600, waiting for confirmation.

This is only my analysis, not a trading advice. Trade carefully
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