In today’s briefing:
- EQD | Upcoming ASX200 Pullback in 1-2 Weeks
EQD | Upcoming ASX200 Pullback in 1-2 Weeks
- This week the S&P/ASX 200 INDEX entered WEEKLY OVERBOUGHT status intra-week, peaking at 8384.50, then pulling back to 8283.20 at Close.
- In this insight we will examine resistance levels the index will have a hard time to clear, without pulling back first at least 1 week.
- According to our quantitative models, a pullback is highly likely to happen this week, or the next.
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