ASX 200 is heading towards 8499.9004 and could reach this point within the next 12 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
If ASX 200 touches 8499.9004 it may be time to take action.
