ASI - All Share Index

Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in any stock exchanges, Indices, Stocks, Forex, Crypto etc.

ASI

ASI

ASI closed leveling with thew previous day low. If this movement it future movement can create a High Low point it will be a very good indication for ASI and it can move to a High High situation.

If the HH can be created with in the resistance zone and making MA 50 (red line) as a resistance we can assume a testing has been done.

Also keep note that RSI has flattened and MACD is still in the negative zone.