ASX 200 - The bears were very much in charge of the market yesterday with the underlying cash index printing a bearish outside day

Pepperstone
ASX 200 - The bears were very much in charge of the market yesterday with the underlying cash index printing a bearish outside day. Here we saw the index open and trade above Mondays high, however selling pressure kicked in after the poor China HSBC PMI revision and the index closed below Mondays low. This could indicate a deeper sell-off, although naturally we should look for a lower low today.

Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...
Expertise

Highly accomplished financial markets professional, with experience at a number of top-tier global institutions on both the buy and sell-side. A natural communicator with a strong ability to analyse macro-economic trends, capital flows and market...