Australia ASX200 4480 heading for 4200

Weekly Pivot 4514 supports Bear move to 4200 by Monday 11 July  to give a total correction of 16% since the High of 4976 on Monday 11 April.

Trade	Price	Stop	Target	Low/High	S1/R1	S2/R2
Buy	4390	4370	4480	4593	4563	4642
Sell	4500	4520	4390	4466	4436	4388

YEAR	HIGH	DATE	LOW	DATE	Points	DAYS
2011	4976	11Apr	4451	20Jun	520	47
2010	5025	15Apr	4182	06Jul	843	59
2009	4079	12Jun	3709	08Jul	370	17
2008	5980	19May	4788	16Jul	1192	42
2007	6404	20Jun	6184	27Jun	220	5
2006	5406	10May	4758	14Jun	648	25