Asx 200 index technical analysis
Asx 200 index last closed at 5520 with loss. Asx is in uptrend and after strong breakout above 5440 target, ASX future achieved my given target of 5530. Trading below it but outlook and momentum still. Asx after strong sell off up to 5200 level give strong reversal move on value buying as well as short covering. This fresh move above 5400 has its long term target around 5885.