ASX 200 daily chart forecast

The Index shows a similar trend as the US major Indices, pointing to a reversal after the recent sell-off, but there are major points to watch.
Major support around 6895, 6860, 6804, 6747, 6712
Resistance at 6952, 7044.
The Index needs to remain above 6804 to confirm a reversal to the upside.

The charts' estimates are automated through a system that predicts critical levels of future price movements.