ASX 200 showing potential top reversal

                              

ASX 200 daily confirmed a weak top reversal today. Now I am watching the 15 Ma to see if that is broken. If it is then I am expecting a test of 5000 potentially. The green arrow is pointing to what was a small break to form a higher high than the previous one so that is less bearish than if it had formed a lower high. Lets see. The U.S markets are just open now.

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Below: ASX 200 daily showing what could turn out to be a head and shoulders type of reversal. We just see  what happens one step at a time. Second target is the red 35 MA line.