Australian (ASX) Stock Market Forum

ASX200 Index Chart

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17 December 2016
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Hello!

I'm quite new in trading so I wanted to share my idea in order to have some feedback. I've been following the ASX200 index and this is the wave analysis I worked out:

Capture.PNG

I wonder what do you guys think, I appreciate :xyxthumbs

Best regards!
 
Just wondering how you extrapolated the 5250 low around March. It appears to be a random up trend line connection.
 
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