Looking for a 15% decline in ASX 200
July 20, 2020 Leave a comment
Today, the ASX 200 closed at 6002.
I am watching if the index will trade lower to “fill” the following “gap-ups”,
5918, 5803, 5604, 5394, 5055 & 4701.
Those are declines of 1.4%, 3.3%, 6.6%, 10.1%, 15.8% & 21.7% respectively.
I’m betting on it trading closer to the 5,055 level.
20 July, 2020
by Rob Zdravevski
rob@karriasset.com.au