fbpx

ASX200 – Line in the Sand

S&P/ASX is under Algo Engine buy conditions since forming a higher low on 21 September this year.

As PE valuations expand and evidence of earnings growth remains minimal, we see risks increasing for the overall market, both domestic and international equities.

You're not a member!  Trial today

With the above in mind, it’s prudent to tighten the stop loss or market reversal level and the chart below highlights 6630 as support.

Investor Signals Pty Ltd ABN 44 143 555 453 is a Corporate Authorised Representative CAR No. 439411 of Advisor Plus Pty Ltd AFSL 474520
© 2024 Investor Signals

Send our ASX Research to your Inbox

Or start a free thirty day trial for our full service, which includes our ASX Research.