G'day Tadewi, that spi panic dump at the open down to 3553 looks like a mistake by the big boys due to CBA share placement announcement. I guess it was less than expected money needed from CBA. We then got a short cover run up and we've more or less factored in the Dow fall yesterday and rally hard to 3653 double tops.
Frankly, we're assuming the Dow will be up tonight and not sure we'll correct but around the top level into the close then I'll be shorting it. May be just before or after XJO is closed at 4:10pm.
Good luck. Been scalping all morning.
and it's wednesday, page-48
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| XJO (ASX) Chart |