Hi Guys,just reading some of interesting post on where the market is heading.Due to the high volatility of late i swapped my trading strategies to short term trades and done very well.The swings and the horn got me worried and out of my medium term strategies .I still love the XJO but it has been almost untradable in the last week.Untill it breaks clear of 6480 and close above 6490 the volatility will go on.My near term target for the XJO is still about 6550 and if it fails it's not impossible to see it in the low 6000's. So i'm sticking to in and outs nibbling and taking profits withiut any high exposure.
Cheers and happy trading
Rags to riches
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Last
8,023.9 |
Change
-3.100(0.04%) |
Mkt cap ! n/a |
Open | High | Low |
8,027.0 | 8,027.0 | 7,990.3 |
XJO (ASX) Chart |
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