XJO 0.70% 8,269.8 s&p/asx 200

buy, page-25

  1. 17,444 Posts.
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    I'm not sure why some want to start new threads rather than keep one per day or night which is much easier to peruse.

    5 days down and you would expect one or two up.

    Max would seem to be 6500 but lots of resistance below that, even 6300ish.

    I suspect we see Dec SPI manipulated into Thursday's expiration but March contract action will be interesting.

    Obviously they want to roll over at best price but may not get their way.

    Hard to imagine a sharp fall like this getting a 50% or 61.8% bounce but I have seen it so it should be grabbed with both hands if tomorrow or Thursday IMO.

    My 5 day RSi is at normal bounce point but also says bear mode.

    All measures now say bear mode.

    Should be a 2 day bounce into year end too as a minimum.
 
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