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ASX Market Watch – 27 March 2010: Where are we heading?

By Dave McLachlan

Click below for the latest Market Watch Video (if you can’t see the video, click the link above).

UPDATE:

This week we’ve got trend lines, retracements, and single bar analysis – all great parts to a successful trading plan.  And all three indices – the ASX Top 200, the Dow Jones and the FTSE are in nice short term up trends – we’ll be keeping a very close eye out for a correction as the market becomes more and more over-valued.  Until then, all we can do is follow what the market tells us.

As always this is not a recommendation, please do your own due diligence.  A great place to start is the free trading and investment course on this site.  Also check out the Strongest Market Sectors to find out if you are investing with the best or falling behind.  And I’ve just loaded my personal Trading Diary (for better or for worse!) so if you want to see me practice what I preach, check it out right now! 

Happy Trending guys!  All the best.

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March 27, 2010  Tags: ASX, asx market watch, Dave McLachlan, dow jones, FTSE, investment, retracement, stock market, top 200, trend lines  Posted in: Market Watch Weekly

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