Today the ASX200 continued to move higher to 4924.30.
This might suggest that it could move to the 5220.6 price that is being expected.
However today the view of what is happening is getting clearer and what could happen is the sell at 4881 executing, given the index has closed higher and this would then require the index to fall below 4646.
This is a protrend sell execution that is it is in line with major trend with the ASX200 selling at 4637 resistance.
It is more likely that this is the case.
Let's see what happens tomorrow.
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