ASX closed the year with a set of bearish candle formations which elevated the probability of another red year. Let’s have a look at the signals from different angles.
This analysis contains:
– evaluation of the candles and technical events of various frames;
– a long term projection by Elliott Waves and classical patterns.
This post is part of the @InvestingAngles series that covers the US and global major indices; VIX, DXY, commodities and miners, crypto, and some large cap stocks.
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