XJO 0.88% 7,959.3 s&p/asx 200

ASX Morning call 10th September

  1. 3,232 Posts.
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    Last Fridays plan was to sell the 11:30 pump and dump tell you truth I missed it and trying to judge price action on a phone in 3m of water with a 1m swell too hard so no trade for me but looks like it would have yield 10 pips. 


    Todays plan is to see if there is any basing action and if the 6100 area is the bottom. Unfilled extreme gap way up at 6212 which will attract so a good long term long target. There are some unfilled extreme gaps lower around 6000 area which would be noce to fill but prefer we get down there maybe below 6000 before xmas for the santa rally.


    Today I am going to buy the 6075 area if seen for 10-15 points. Sell spike up to Fridays closing gap area 6140 at the open for 10 points. Price is not positive till it gets above 6165 so short stops above there and if seen while short get out as close to BE as possible.


    https://hotcopper.com.au/data/attachments/1274/1274171-cee5d66d73ae58a80fbed3fc0ee4971f.jpg


     

 
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