ASX Fluff Has Pushed A Little Higher. Above Consolidation

Mid week trading and the ASX has pumped a little above the consolidation fluff I wrote about for the last 28 days which is actually just good to see some movement in a direction. For strength this market needs to get up to the previous high market to have full confidence that things are changing. Aussie markets to get sucked up with USA confidence. Still dribble IMO unless a more dominant p…u…s…h.…

Also watch out for the battle zone starting at R1: 5624.5 and above…


📈Support & Resistance📉*
Support Levels
1st Support Zone: 5482.9
2nd Support Zone: 5283.0
3rd Support Zone: 4887.9

Resistance Levels:
1st Resistance Zone: 5624.5
2nd Resistance Zone: 5723.3
3rd Resistance Zone: 5943.8


Price Level Consideration
ATH: 7208.2
All Time High Half Way Point: 3604.1
Previous High: 5568.6
Previous Low: 4392.7
🐃 Bulls Verse Bears 🐻
🐃 Bullish above: 6880.9
🐻 Bearish below: 5397.8

Monthly & Weekly Opens
Monthly Open: 5520.6
Weekly Open: 5403.6