It was a good week on the ASX, the weekly chart is showing a test of support but no break out yet. So we have a higher low but no higher high yet. The slow stochastic is in downtrend so that is quite bearish.
ASX200 could end up seeing a rejection of that resistance in the week ahead. Just have to wait and see. The daily chart is looking a bit over extended now.
Click on chart to enlarge
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