ASX SPI 200

Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.

Out of the 14 instruments in the equity indices asset class, asx 200 ended up ranking 4th for the day in terms of price change relative to yesterday.

Relative to other instruments in the equity indices asset class, asx 200 ranked 4th since the previous day in terms of percentage price change.

Out of the 14 instruments in the equity indices asset class, asx 200 ended up ranking 2nd for the day in terms of price change relative to yesterday.

Out of the 14 instruments in the equity indices asset class, asx 200 ended up ranking 8th for the day in terms of price change relative to the previous day.

Price action traders may also wish to note that we see a doji candlestick pattern on asx spi 200.

If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.

Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.

This is a reversal of the price action on the previous hour, in which price moved down.

Given that we see an uptrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.