ASX200 index generated a technical sell signal at 5599 on 5/9/14 and today has reached the nominated initial downside target located at 5425

Angela Mangan

QMG Pty Ltd

ASX200 index generated a technical sell signal at 5599 on 5/9/14 and today has reached the nominated initial downside target located at 5425. The index technicals remain negative, with no sign of base forming. 15 of the top 20 ASX stocks remain rated as technical sells. There is an absence of new technical buy signals being generated. Overall negative market view remains in place.


Angela Mangan
Angela Mangan
Technical Analyst
QMG Pty Ltd

Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.

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