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ASX
Index
fx
MLX.AX
ASX
Metals X
STAY LONG
Close
0.5900
Prev.Close
0.5950
Change
-0.0050
Change%
-0.84%
BEARISH THREE OUTSIDE D...
Bought at
0.5900
Open
0.6000
High
0.6100
Low
0.5900
Close
0.5900
0.00%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
AUD100⇨
05/08
0.5900
BUY
0.0%
❌
116
28/07
0.6190
SHORT
-4.7%
✔
112
24/07
0.6550
BUY
-5.5%
❌
118
17/07
0.6480
SELL
+1.1%
❌
119
03/07
0.5500
BUY
+17.8%
✔ 👍
101
01/07
0.5400
SELL
+1.9%
❌
101
27/06
0.5600
BUY
-3.6%
❌
105
23/06
0.5300
SELL
+5.7%
❌
105
16/06
0.5600
BUY
-5.4%
❌
112
02/06
0.5200
SHORT
+7.7%
❌
121
21/05
0.5450
BUY
-4.6%
❌
128
15/05
0.5400
SELL
+0.9%
❌
128
23/04
0.5300
BUY
+1.9%
✔
126
16/04
0.5050
SHORT
+5.0%
❌
133
14/04
0.5200
BUY
-2.9%
❌
137
19/03
0.6600
SELL
-21.2%
✔
138
12/03
0.5250
BUY
+25.7%
✔ 👍
110
26/02
0.5490
SELL
-4.4%
✔
110
14/02
0.4975
BUY
+10.4%
✔ 👍
100
† Trade commissions are taken as 0.20%.
Date
Price
Signal
Change%
AUD100⇨
05/08
0.5900
BUY
0.0%
❌
136
28/07
0.6190
SHORT
-4.7%
✔
130
24/07
0.6550
BUY
-5.5%
❌
138
17/07
0.6480
SELL
+1.1%
❌
139
03/07
0.5500
BUY
+17.8%
✔ 👍
118
01/07
0.5400
SELL
+1.9%
❌
118
27/06
0.5600
BUY
-3.6%
❌
123
23/06
0.5300
SELL
+5.7%
❌
123
16/06
0.5600
BUY
-5.4%
❌
130
02/06
0.5200
SHORT
+7.7%
❌
142
21/05
0.5450
BUY
-4.6%
❌
149
15/05
0.5400
SELL
+0.9%
❌
149
23/04
0.5300
BUY
+1.9%
✔
147
16/04
0.5050
SHORT
+5.0%
❌
155
14/04
0.5200
BUY
-2.9%
❌
161
19/03
0.6600
SELL
-21.2%
✔
161
12/03
0.5250
BUY
+25.7%
✔ 👍
128
26/02
0.5490
SELL
-4.4%
✔
128
14/02
0.4975
BUY
+10.4%
✔ 👍
117
12/02
0.4750
SELL
+4.7%
❌
117
21/01
0.4500
BUY
+5.6%
✔
111
13/01
0.4235
SELL
+6.3%
❌
111
08/01
0.4150
BUY
+2.0%
✔
109
06/01
0.4000
SHORT
+3.8%
❌
114
10/12
0.4150
BUY
-3.6%
❌
119
07/11
0.4700
SELL
-11.7%
✔
119
23/10
0.4200
BUY
+11.9%
✔ 👍
106
16/10
0.4300
SHORT
-2.3%
✔
104
07/10
0.4500
BUY
-4.4%
❌
110
02/10
0.4435
SELL
+1.5%
❌
110
11/09
0.4050
BUY
+9.5%
✔
101
04/09
0.3900
SELL
+3.8%
❌
101
16/08
0.3800
BUY
+2.6%
✔
98
14/08
0.3700
SHORT
+2.7%
❌
102
09/08
0.3840
BUY
-3.6%
❌
106
02/08
0.4260
SELL
-9.9%
✔
106
31/07
0.4440
BUY
-4.1%
❌
111
18/07
0.4650
SELL
-4.5%
✔
111
26/06
0.4090
BUY
+13.7%
✔ 👍
98
24/06
0.4000
SHORT
+2.2%
❌
100
20/06
0.4015
BUY
-0.4%
❌
101
31/05
0.4700
SELL
-14.6%
✔
101
17/05
0.4600
BUY
+2.2%
✔
99
13/05
0.4200
SHORT
+9.5%
❌
110
08/05
0.4450
BUY
-5.6%
❌
117
26/04
0.4400
SELL
+1.1%
❌
118
28/03
0.3480
BUY
+26.4%
✔ 👍
93
20/03
0.3550
SELL
-2.0%
✔
93
01/03
0.3180
BUY
+11.6%
✔ 👍
84
16/02
0.3100
SELL
+2.6%
❌
84
08/02
0.2880
BUY
+7.6%
✔
78
06/02
0.2800
SELL
+2.9%
❌
78
24/01
0.2780
BUY
+0.7%
✔
78
04/01
0.2750
SELL
+1.1%
❌
78
07/12
0.2700
BUY
+1.9%
✔
77
23/11
0.2770
SELL
-2.5%
✔
77
03/11
0.2830
BUY
-2.1%
❌
79
12/10
0.2750
SHORT
+2.9%
❌
82
09/10
0.2830
BUY
-2.8%
❌
84
26/09
0.3000
SELL
-5.7%
✔
84
15/09
0.2930
BUY
+2.4%
✔
83
08/09
0.2800
SELL
+4.6%
❌
83
31/08
0.2900
BUY
-3.4%
❌
86
29/08
0.2750
SHORT
+5.5%
❌
91
24/08
0.2900
BUY
-5.2%
❌
97
14/08
0.2820
SHORT
+2.8%
❌
100
† Trade commissions are taken as 0.20%.
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Today's recommendation from our system is to
STAY LONG
. The previous
BUY
signal was issued on 05/08/2025, 6 days ago, when the stock price was 0.5900. Since then,
MLX.AX
has remained unchanged.
Market Outlook
Today's candlestick analysis unveiled a new bearish pattern, signaling market participants to remain vigilant. Market focus has shifted to the downside. Based on this pattern, in response to the emerging market bearishness, the system has established new confirmation and stop-loss levels. The signal tells us to
STAY LONG
, but the chance of a bearish confirmation that will change the signal to
SHORT
is very high. The Delayed Intraday Module is ON. Given the risks involved, we highly recommend closely monitoring intraday price movements.
SHORT
is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop-loss levels must be kept in mind at all times and
SHORT
orders must never be placed without a stop-loss.
Pattern Description
This is a confirmed Bearish Engulfing pattern. The first two candlesticks follow the classic Bearish Engulfing pattern, and the third day provides its confirmation.
more...
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