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welcome to this weeks ASX edition of trade the trend a weekly video discussing where the stock market is heading this video is going to focus on the ASX 200 Im also going to have a look at gold and uranium so make sure you stick around for that Im going to cover the S P 500 in a separate video and Ill leave a link for that in the description section below as always this is General commentary and doesnt take your personal situation into account with all of that said lets get over to that first chart so the ASX 200 and its been its been another been another positive week for the uh for the local local index but Ive got to say it really is looking very stretched looking um its looking stretched from a look at these moving averages its really staying to get get away from it so while that overall structure I think I think this overall structure looks encouraging but I just cant ignore how far this um the index has now moved away from the um from its moving averages and the way