OK - Finally some more fun last night - a bit slow to get going but nice finish and crazy shenanigans at tthe close on the FTSE.
Today's down move was IMO again pre-empted by Nikkei as per July/August and IMO is uncompleted as I see the next key supports as SP500 1450, Dow 13000 and XAO 6400. And Nikkei 15500-15650 today should IMO complete their downmove from yesterday. So I'd expect a further drop tonight to get to these support levels before the oversold levels are worked off a little and the PPT steps back in.
IMO JPY/USD also is only halfway through its down move and is headed to 111 tonight.
Interested in whether people agree or not on a further down move tonight and where you see next support levels.
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,639.0 | 8,776.4 | 8,639.0 |
| XJO (ASX) Chart |