Likely To Be a Week In The Red

Uploaded on Jan 30, 2012 / 123 views / 136 impressions / 0 comments


Description

US Markets broke the recent upward trend, posting sharp intra-day losses only to finish on even ground. It’s this volatility, creeping back into major markets at current levels which will be the cause for profit taking, particularly across Australian Indices. Lachlan McPherson explores current technical levels for the ASX 200 and gives his view on what we can expect for the week ahead…

Tags

  • Profit Source
  • Shares
  • ASX 200
  • Trading
  • Lachlan McPherson
  • Investing
  • Australian Market Update
  • Elliott Wave
  • US Market Update
  • Elliot Wave
  • ProfitSource