ASX 200 (AS51) Fares the Worst Out of equity indices, Down 1.34%; Crosses 20 Day Moving Average

1 min read
AS51

The Hourly View for AS51 Last Updated February 22, 2021, 01:011 GMT At the time of this writing, AS51’s price is up 23.26 (0.34%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. Regarding moving averages, it should first be noted that price has crossed the 200 hour moving average, resulting in them so that price is now turning above it. The moving averages on the hourly timeframe suggest a choppiness in price, as…

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