SPI200 Commentary
Follow or Fade!
SPI topped out at 5510 early yesterday but was met with buying around the 5480 area. Europe was stronger so the SPI continued its run higher and closed strong again. With it being Thanksgiving in the states I'm not expecting much movement from the SPI today, but we should get at least an early move as we have traders who got stock put or called yesterday squaring up positions this morning. Overall it seems a lot of people are doubting this rally so I am happy to be on the other side of them and buy dips overall. Today I think the SPI consolidates around these high levels so I will be looking to buy dips around 5480 and sell rallies around 5530
Buy Nothing Friday, page-5
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7,971.1 |
Change
105.600(1.34%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,865.5 | 7,976.9 | 7,865.5 |
| XJO (ASX) Chart |