The IG Markets cash chart is up about 0.8% from Friday 4 PM. We've had these trade breakthroughs a few times recently, and they tend to gap up and come down a little. So I’m favouring long, but I’ll wait to average in on any dip, while keeping an eye on the news and US futures.
- Iron ore up and going great.
- Oil down on Friday but has gapped up this morning.
- Gold gapped down this morning.
- BHP and CBA did nothing in the US.
- We were moderately down on Friday, whereas the US was moderately up, and futures have gapped up.
- RBA likely rate cut tomorrow.
Monday July 1 - Judgement day, page-3
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Last
7,716.8 |
Change
36.200(0.47%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,680.6 | 7,721.1 | 7,643.3 |
| XJO (ASX) Chart |