ASX200 - Daily - For now, that's our gameplan

Trade idea

After a strong sell-off on Monday, ASX200 is now retracing slightly back up. For now, we will class the retracement as a temporary correction, given that the index broke below its medium-term upside support line on Monday and continues to trade below it.

Please see the chart for levels, targets and the alternative scenario.

Don't forget your stop-loss.

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