Overnight:
PROS:
Oil: Way up.
XJO: Momentum up (but hesitated on Friday and Monday and Tuesday).
Industrial Metals: Moderately up.
Euro Stoxx: Slightly up.
Transports: Slightly up.
CONS:
Banks: Slightly down.
AMBIGUOUS:
Gold: Flat.
US: Flat.
Iron Ore: I can’t find data on this for the last few days.
WATCHING: News, futures, charts. Some important US news is due tonight.
TODAY'S STRATEGY: Pros outweigh the cons. The main thing is that oil is well up. So preferring long. CFDs are currently at 5,890, which is too high considering leads. I’ll look to average in from around 5,870.
Go for Broke.......Wednesday, page-4
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Last
8,284.7 |
Change
-33.700(0.41%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,318.4 | 8,318.4 | 8,274.3 |
| XJO (ASX) Chart |