daytrading june 4 morning, page-12

  1. 5,331 Posts.

    what a boring open, where is the capitulation, now were stuck in no-mans land, awaiting to see where our masters in the US/Europe will take us tonight.

    market didn't fall enough to warrant a short term bounce trade as there is likely further falls ahead in coming days and maybe weeks depending on policy response.

    looks like a few overseas investors picking up some of our large caps today, when you take into account the 10% fall in both index and currency in around 6 weeks, foreign buyers (USD) getting a quick 20% discount.
 
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