ALL ORDINARIES INDEX
- ASX moving up from strong trend line support @ 5343, chart indicates as long as holds above bulls will be favored, if breaks 5343 in near futures then will next support around 5307 and 5070 as shown above.
- Chart also indicates ASX trading below 200 DMA, as long as holds below bear will be favored.
- If ASX moves up from current levels then will find next strong resistance around 5422, 5465, 5507 and 5545, levels as per fibonacci retracement.