S&P/ASX Index
Short
Updated

AUS200 'The Big Aussie Short' Gartley pattern

156
Don't mind the title.. it was just a little fun and a laugh :)
I've posted this privately several months ago and for the last week there has been crazy activities in the Aussie stock market.
The recent rally and broke through the highest since 2015.
gartley aus200

Aussie dollars plummet last week and finally finding some grounds again
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I am seeing an alignment between AUDCAD, AUDJPY & AUS200 in price movements.

If Prices aligned at the pattern completion.. I will look to short all 3.
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AUDCAD, AUDJPY, AUS200 currently in a channel.
Take note: There seems to be an approx 12 hour pivot points in all 3.
The most noticeable one at the extreme end of the channel is AUS200.
Will be interesting to see if it does pivot within the 12 hour time frame.
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It's happening right now.. Pivoting
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Again .. another approximately another 12 hours pivot
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Trade active
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Looks like its formed a decending channel.
Continue to hold
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