Risk Management - TD Red 9 (Sell Signal) 2 Day Chart ASX200 $XJO

The TD Sequential indicator is showing a red TD 9 (Sell Signal) and the RSI is showing the market is overbought and is due for a pullback.
This is a healthy pullback, as long as ASX200 can stay above 5700 (5800* even better), I am expecting ASX200 to break out and keep going higher 6200+.
This is a healthy pullback, as long as ASX200 can stay above 5700 (5800* even better), I am expecting ASX200 to break out and keep going higher 6200+.
Nota
Green TD 9*Nota
Made a mistake with the wording here. *A Green TD 9 is a sell signal, red TD 9 is a buy signal.
Penerbitan berkaitan
Penafian
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Penerbitan berkaitan
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.